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Business Cycle: The Case of Gabon
Department of Economics, Omar Bongo University, Libreville, Gabon
- 1 Department of Economics, Omar Bongo University, Libreville, Gabon
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Abstract
This article identifies cycles of Gabon GDP, those of its main components (consumption, investment, government spending, exports and imports), and their characteristics (duration, severity and depth), using a band - pass filter and according to the algorithm of Bry and Boschan. Synchronization and 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 the cycles of this greatness are studied according to Stock and Watson’s way (1998).
KeywordsBusiness CycleBand-pass FilterCo-MovementsConcordance Index
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