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Cyclical patterns in aggregate economic activity of Slovene economy

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  • Sebastjan Strasek
  • Timotej Jagric

Abstract

This paper studies cyclic patterns in the Slovene economy with spectral analysis. It examines if the transition in Slovenia was marked by a statistically significant movement of aggregate economic activity, which corresponds to the definition of business cycle proposed by Mitchell and Burns (1946). It finds that in the period 1992-2000 a statistically significant cyclic component is present. The cyclic component oscillates with the frequency of 33.3 months. The results obtained in this paper suggest, that in the observed period two full-length cycles can be identified.

Suggested Citation

  • Sebastjan Strasek & Timotej Jagric, 2002. "Cyclical patterns in aggregate economic activity of Slovene economy," Applied Economics, Taylor & Francis Journals, vol. 34(14), pages 1813-1819.
    • Handle: RePEc:taf:applec:v:34:y:2002:i:14:p:1813-1819
    DOI: 10.1080/00036840210126179
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    Cited by:

    1. Jagric Timotej, 2003. "A Nonlinear Approach to Forecasting with Leading Economic Indicators," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 7(2), pages 1-20, July.
    2. Sebastjan Strasek & Timotej Jagric & Natasa Spes, 2007. "Emerging Economies Crises: Lessons from the 1990’," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 5(3), pages 289-304.

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