کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
9553137 | 1375178 | 2005 | 16 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
A search for leading sectors over the business cycle: The case of Korea
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
This paper studies the sectoral mechanism of shock propagation in business cycles by performing a case study. After we transform business survey indices of different industries into comparable metrics, we trace and compare them before and after reference dates. From these observations, we show that manufacturing industry leads the peak and the trough of the most recent business cycle in Korea; and six sectors are major players in manufacturing industry, i.e. 'food products and beverages,' 'chemicals,' 'machinery,' 'motor vehicles, etc.,' and 'basic metals,' and 'fabricated metals.' In conclusion, the heavy and chemical sectors may be the key to understanding recent business cycles in Korea.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Japan and the World Economy - Volume 17, Issue 4, December 2005, Pages 480-495
Journal: Japan and the World Economy - Volume 17, Issue 4, December 2005, Pages 480-495
نویسندگان
Joon-Mo Yang, Tae-Wan Kim,