DSpace Repository

AN ANALYSIS OF BUSINESS CYCLES UNDER REGIME SHIFTS: THE TURKISH ECONOMY AND INDUSTRIAL SECTOR

Show simple item record

dc.contributor.author AÇIKGÖZ, Şenay
dc.date.accessioned 2015-09-30T14:14:55Z NULL
dc.date.available 2015-09-30T14:14:55Z NULL
dc.date.issued 2008
dc.identifier.uri http://hdl.handle.net/20.500.12397/1476 NULL
dc.description.abstract This paper analyzes the time series behavior of the annual growth rate of Turkey's GDP and growth rate of its industrial sector GDP's. Drawing on the work of Hamilton (1989), we examine the two series for evidence of periodic, discrete shifts in the mean using a two-state Markov regime switching model. The results provide strong evidence that shifts in the mean of the growth process both general and sectoral is a prominent feature of the data. According to probability results, there is one switch between the regimes in general growth process and there are five switches in industrial sector growth process. en_US
dc.language.iso en en_US
dc.publisher Dokuz Eylül Üniversitesi İktisadi ve İdari Bilimler Fakültesi en_US
dc.subject Regime shifts, Economic growth, Business cycles. en_US
dc.title AN ANALYSIS OF BUSINESS CYCLES UNDER REGIME SHIFTS: THE TURKISH ECONOMY AND INDUSTRIAL SECTOR en_US
dc.title.alternative en_US
dc.type Article en_US


Files in this item

This item appears in the following Collection(s)

Show simple item record

Search DSpace


Advanced Search

Browse

My Account