IDEAS home Printed from https://ideas.repec.org/h/spr/aaechp/978-3-030-35754-2_4.html
   My bibliography  Save this book chapter

Business Cycle Recoveries: AComparative View

In: Business Cycles and Structural Change in South Africa

Author

Listed:
  • W. H. Boshoff

    (Stellenbosch University)

  • L. H. Becker

    (Prescient Investment Management)

Abstract

A key challenge in the analysis of South African business cycles lies with understanding how South African business cycles differ from the business cycles of other countries, whether advanced or emerging. South African cycles, quite different from especially US cycles, do not exhibit a distinct high-growth phase during recovery, which is defined as the first stage of an expansion. Using alternative recovery identification methods, we find that South African cycles share this property with cycles in developed, as well as emerging economies, but are different from cycles in other commodity exporters. The absence of a distinct recovery phase carries over to disaggregated components of expenditure, including consumption and investment. Especially investment only accelerates later in South African expansions.

Suggested Citation

  • W. H. Boshoff & L. H. Becker, 2020. "Business Cycle Recoveries: AComparative View," Advances in African Economic, Social and Political Development, in: Willem H. Boshoff (ed.), Business Cycles and Structural Change in South Africa, pages 73-96, Springer.
    • Handle: RePEc:spr:aaechp:978-3-030-35754-2_4
    DOI: 10.1007/978-3-030-35754-2_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:aaechp:978-3-030-35754-2_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.