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Oscillatory dynamics of GDP components

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  • Ionut Purica

Abstract

GDP and its components’ evolution show an oscillatory behavior. As an alternative approach to classical cyclic behavior producing models, the paper analyses this behavior both by Fourier transforms of the data series and by a discussion of the roots configuration of the associated second order differential equations describing the process. Specific cycles are identified that associate with the economic sectors contributing to the generation of GDP. This oscillatory system based approach is providing a complementary way to describe economic behavior dynamics See above See above

Suggested Citation

  • Ionut Purica, 2012. "Oscillatory dynamics of GDP components," EcoMod2012 4545, EcoMod.
  • Handle: RePEc:ekd:002672:4545
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