Spectral analysis of business cycles in Poland and its major trading partners

• Authors: KIJEK Aleksander
• Languages of publication: EN

Abstracts

EN

The properties of business cycles in Poland and its major trading partners have been examined. The business cycle synchronization (BCS) between Poland and other countries was studied in order to assess the impact of international trade on BCS. The author applies a modification of the Fourier anal-ysis to the estimation of cycle amplitudes and frequencies. This allows more precise estimation of the cycle characteristics than the traditional approach. Cross-spectral analysis of the cyclical components of GDP for Poland and its major trading partners enables us to study the relationships between business cycles in these countries. Comparing the international structure of Polish trade with that of EU members with the cross-spectral characteristics of GDP series allows us to investigate the links between interna-tional trade and business cycle synchronization.

Keywords

EN

business cycle; synchronization; spectral analysis; Fourier representation

• Publisher: Politechnika Wrocławska. Oficyna Wydawnicza Politechniki Wrocławskiej
• Journal: Operations Research and Decisions
• Year: 2017
• Volume: 27
• Issue: 1
• Pages: 57-75

Contributors

author

KIJEK Aleksander

• Maria Curie-Skłodowska University in Lublin, pl. Marii Curie-Skłodowskiej 5, 20-031 Lublin, Poland

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Identifiers

DOI

10.5277/ord170104