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Business Cycles Variability in Polish Regions in the Years 2000–2016

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  • Rafal Warzala

Abstract

The aim of this article is to study the morphology of regional business cycle in Poland. To do this, such parameters like: cycle length, coherence ratio, standard deviation ratio, mean delay, cross-correlation ratio, were calculated. The main conclusion is that regions have different sensitivity to economy "shocks", both positive and negative. The analysis of regional specialization appear varied level of it among individual regions. Despite a few exceptions, a correlation between the level of regional specialization and the degree of sensitivity to economic disturbances can be marked.

Suggested Citation

  • Rafal Warzala, 2017. "Business Cycles Variability in Polish Regions in the Years 2000–2016," Dynamic Econometric Models, Uniwersytet Mikolaja Kopernika, vol. 17, pages 177-189.
    • Handle: RePEc:cpn:umkdem:v:17:y:2017:p:177-189
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    File URL: https://apcz.umk.pl/DEM/article/view/DEM.2017.011/14218
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    References listed on IDEAS

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    More about this item

    Keywords

    business cycle; region; variability;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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