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Cycle Duration in Production with Periodicity – Evidence from Turkey

Author

Listed:
  • Yýlmaz Akdi

    (Department of Statistics Faculty of Science, Ankara University, Ankara, Turkey.)

  • Serdar Varlik

    (Department of Economics, Hitit University, Corum, Turkey.)

  • Hakan Berument

    (Department of Economics, Bilkent University, Ankara, Turkey.)

Abstract

In this paper, the sub-cycles in two economic activity measures are analyzed by using periodogram analyses. Our results from Turkish data suggest that industrial production and capacity utilization rate consist of various cycles including seasonal cycles. These series also have common cycles which correspond about four and seven years. Last, industrial production has also additional cycles compare to capacity utilization ratio cycle.

Suggested Citation

  • Yýlmaz Akdi & Serdar Varlik & Hakan Berument, 2018. "Cycle Duration in Production with Periodicity – Evidence from Turkey," International Econometric Review (IER), Econometric Research Association, vol. 10(2), pages 24-32, September.
    • Handle: RePEc:erh:journl:v:10:y:2018:i:2:p:24-32
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    References listed on IDEAS

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    More about this item

    Keywords

    Business Cycle; Spectral Analysis; Periodogram.;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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