Business cycles synchronization among Argentina, Brazil and their main EU trading partners
Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.
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Format: | info:eu-repo/semantics/publishedVersion |
Language: | eng |
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2024
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Online Access: | https://publicaciones.ucuenca.edu.ec/ojs/index.php/REP/article/view/3196 http://hdl.handle.net/11086/550444 |
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author | Jacobo, Alejandro D. Marengo, Alejandro |
author2 | https://orcid.org/0000-0002-1424-4124 |
author_facet | https://orcid.org/0000-0002-1424-4124 Jacobo, Alejandro D. Marengo, Alejandro |
author_sort | Jacobo, Alejandro D. |
collection | Repositorio Digital Universitario |
description | Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. |
format | info:eu-repo/semantics/publishedVersion |
id | rdu-unc.550444 |
institution | Universidad Nacional de Cordoba |
language | eng |
publishDate | 2024 |
record_format | dspace |
spelling | rdu-unc.5504442024-07-05T16:01:59Z Business cycles synchronization among Argentina, Brazil and their main EU trading partners Jacobo, Alejandro D. Marengo, Alejandro https://orcid.org/0000-0002-1424-4124 Ciclos económicos Argentina Brasil Unión Europea Business cycle info:eu-repo/semantics/publishedVersion Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. Fil: Jacobo, Alejandro D. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro de Investigaciones y Estudios sobre Cultura y Sociedad. Centro de Investigaciones en Ciencias Económicas; Argentina. Fil: Marengo, Alejandro. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. In this paper, we apply the Hodrick and Prescott filter to explore whether the economic fluctuations of Argentina, Brazil andtheir main European Union (EU) trading partners followed a similar pattern for the period 1995.1–2018.4. When both SouthAmerican economies are analyzed together, the highest coincidence is observed in Gross Domestic Product (GDP) fluctuations(almost 75% of the observations lie on the same side of the zero line). However, as to the rest of GDP components, a drop isobserved in the coincidences (the observations are close to 50%). While Argentinian GDP, private consumption and imports havea significant correlation with their Brazilian counterparts, this association is rather modest. As to their main EU partners, tradeintegration is likely to lead to a higher business cycles synchronization for Argentina, but it is not for Brazil. https://publicaciones.ucuenca.edu.ec/ojs/index.php/REP/article/view/3196/2347 info:eu-repo/semantics/publishedVersion Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. Fil: Jacobo, Alejandro D. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro de Investigaciones y Estudios sobre Cultura y Sociedad. Centro de Investigaciones en Ciencias Económicas; Argentina. Fil: Marengo, Alejandro. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. Economía, Econometría 2024-02-07T18:50:10Z 2024-02-07T18:50:10Z 2020 article 1390-7921 https://publicaciones.ucuenca.edu.ec/ojs/index.php/REP/article/view/3196 http://hdl.handle.net/11086/550444 2477-9075 eng Atribución-NoComercial-CompartirIgual 4.0 Internacional http://creativecommons.org/licenses/by-nc-sa/4.0/ Electrónico y/o Digital |
spellingShingle | Ciclos económicos Argentina Brasil Unión Europea Business cycle Jacobo, Alejandro D. Marengo, Alejandro Business cycles synchronization among Argentina, Brazil and their main EU trading partners |
title | Business cycles synchronization among Argentina, Brazil and their main EU trading partners |
title_full | Business cycles synchronization among Argentina, Brazil and their main EU trading partners |
title_fullStr | Business cycles synchronization among Argentina, Brazil and their main EU trading partners |
title_full_unstemmed | Business cycles synchronization among Argentina, Brazil and their main EU trading partners |
title_short | Business cycles synchronization among Argentina, Brazil and their main EU trading partners |
title_sort | business cycles synchronization among argentina brazil and their main eu trading partners |
topic | Ciclos económicos Argentina Brasil Unión Europea Business cycle |
url | https://publicaciones.ucuenca.edu.ec/ojs/index.php/REP/article/view/3196 http://hdl.handle.net/11086/550444 |
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