Journal of Business Cycle Measurement and Analysis

Frequency
3 times a year
ISSN: 
1729-3626 (online)
ISSN: 
1729-3618 (print)
http://dx.doi.org/10.1787/17293626
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The Journal of Business Cycle Measurement and Analysis has been discontinued as of 24 June 2016. This journal was published jointly with CIRET from 2004 to 2015. For more information see www.ciret.org/jbcy.

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Article
 

Cyclical Fluctuations in CIS Economies You do not have access to this content

English
 
Click to Access: 
    http://oecd.metastore.ingenta.com/content/3307011ec006.pdf
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Author(s):
Péter Benczúr, Emin Muradov, Attila Rátfai
16 July 2007
Pages:
15
Bibliographic information
No.:
6,
Volume:
2007,
Issue:
1
Pages:
121–135
http://dx.doi.org/10.1787/jbcma-v2007-art6-en

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This paper documents a number of stylized facts of quarterly frequency cyclical fluctuations in a specific group of developing economies, previously belonging to the same country organization, the former Soviet Union. We find that in these countries (1) fluctuations are in general less persistent than elsewhere; (2) private consumption is extremely volatile; (3) net exports are procyclical and persistent in commodity exporter countries; (4) government consumption is a very important, dominantly procyclical determinant of output; (5) Belarus, Russia, Ukraine, and to a smaller degree, Kazakhstan and Moldova are surprisingly similar in the behavior of their GDP components, industrial production and certain nominal variables; (6) there is mixed evidence regarding the dominance of supply versus demand shocks.

 
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