Aggregate output dynamics in the twentieth century

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

5 Scopus Citations
View graph of relations



Original languageEnglish
Pages (from-to)15-22
Journal / PublicationEconomics Letters
Issue number1
Publication statusPublished - May 1994
Externally publishedYes


This study shows that annual output data of the G7 countries in the twentieth century are better characterized as transitory deviations from a (shifting) growth trend than as integrated processes. Furthermore, I find no two countries share common business cycles. © 1994.