Does Austria respond to the German or the US business cycle?

Yin-Wong Cheung; Frank Westermann

doi:10.1002/(SICI)1099-1158(200002)5:1<33::AID-IJFE115>3.0.CO;2-H

Author(s)

Yin-Wong Cheung
Frank Westermann

Detail(s)

Original language	English
Pages (from-to)	33-42
Journal / Publication	International Journal of Finance and Economics
Volume	5
Issue number	1
Publication status	Published - 2000
Externally published	Yes

Link(s)

DOI	DOI https://doi.org/10.1002/(SICI)1099-1158(200002)5:1<33::AID-IJFE115>3.0.CO;2-H Final Published version
	Check@CityULib
Link to Scopus	https://www.scopus.com/record/display.uri?eid=2-s2.0-0034037355&origin=recordpage
Permanent Link	https://scholars.cityu.edu.hk/en/publications/publication(2be094fb-3dbb-4bbb-b18f-6ad523873fdd).html

Abstract

This study assesses the claim that the Austrian economy depends mainly on the German business cycle. Controlling for possible influences from the US economy, it is confirmed that the Austrian and German industrial production indexes have a common long-term stochastic trend and German industrial production Granger-causes the Austrian industrial production in the short run. However, German and US shocks only account for a small proportion of Austrian industrial production variability. Further, it is found that the three countries share a non-synchronized common business cycle. Copyright (C) 2000 John Wiley and Sons, Ltd.

Research Area(s)

Codependence test, Cointegration test, Common feature test, Long-term co-movement, Non-synchronized common business cycle, Output interaction, Synchronized business cycles

Citation Format(s)

[ RIS ] [ BibTeX ]

Does Austria respond to the German or the US business cycle? / Cheung, Yin-Wong; Westermann, Frank.
In: International Journal of Finance and Economics, Vol. 5, No. 1, 2000, p. 33-42.

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review

Cheung, Y-W & Westermann, F 2000, 'Does Austria respond to the German or the US business cycle?', International Journal of Finance and Economics, vol. 5, no. 1, pp. 33-42. https://doi.org/10.1002/(SICI)1099-1158(200002)5:1<33::AID-IJFE115>3.0.CO;2-H

Cheung, Y.-W., & Westermann, F. (2000). Does Austria respond to the German or the US business cycle? International Journal of Finance and Economics, 5(1), 33-42. https://doi.org/10.1002/(SICI)1099-1158(200002)5:1<33::AID-IJFE115>3.0.CO;2-H

Cheung YW, Westermann F. Does Austria respond to the German or the US business cycle? International Journal of Finance and Economics. 2000;5(1):33-42. doi: 10.1002/(SICI)1099-1158(200002)5:1<33::AID-IJFE115>3.0.CO;2-H

Cheung, Yin-Wong ; Westermann, Frank. / Does Austria respond to the German or the US business cycle?. In: International Journal of Finance and Economics. 2000 ; Vol. 5, No. 1. pp. 33-42.