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Business cycle causation relations for Mercosur countries

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Author Info
Francesco Grigoli ()

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Abstract

This paper aims at investigating business cycle interdependences among Mercosur countries over the period 1991-2006. In particular, it analyses the causation relationships among the aforementioned countries’ business cycles, and the impact of the EU and US shocks on them. The estimated VAR model points out that some causation relations are present among the former, and that, conversely, the latter do not play a relevant role in determining the fluctuations of their economies.

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Publisher Info
Paper provided by Cattaneo University (LIUC) in its series LIUC Papers in Economics with number 226.

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Length: 19 pages
Date of creation: Apr 2009
Date of revision:
Handle: RePEc:liu:liucec:226

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This page was last updated on 2009-11-25.

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