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This article identifies cycles of Gabon GDP,those of its main components consumption, investment, government spending, exportsand imports, and their characteristics duration, severity and depth, using aband-pass filter and according to the algorithm of Bry and Boschan. Synchronizationand the concordance of the cycles of GDP and those of its components are highlighted.Similarly, the contributions of cycles of variables that make up the GDP to thecycles of this greatness are studied according to Stock and Watson’s way 1998.

KEYWORDS

Business Cycle; Band-pass Filter; Co-Movements; Concordance Index

Cite this paper

J. Ekomie -Business Cycle: The Case of Gabon,- Modern Economy, Vol. 4 No. 4, 2013, pp. 320-328. doi: 10.4236-me.2013.44035.





Author: Jean-Jacques Tony Ekomie

Source: http://www.scirp.org/



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