IDEAS home Printed from https://ideas.repec.org/a/taf/specan/v20y2025i4p683-704.html

Incidence of synchronisation and spatial dependence on the amplitude of sub-national business cycles in emerging economies with inflation targeting

Author

Listed:
  • Alcides J. Padilla
  • Jorge David Quintero Otero

Abstract

This study has a dual purpose: firstly, to evaluate the impact of sub-national business cycle synchronisation on amplitude in four inflation-targeting emerging market economies (Brazil, Colombia, South Korea and Mexico). Secondly, we explore spatial dependence in sub-national business cycles. Using the Arellano and Bond (1991) estimator, we determined synchronisation's role in sub-national cycle amplitude. Results show increased synchronisation enhances amplitude in both expansion and recession phases across all economies, notably more in South Korea. Greater synchronisation not only amplifies a region's business cycles but also influences neighbouring regions, evident in both expansion and recession phases across all four economies.

Suggested Citation

  • Alcides J. Padilla & Jorge David Quintero Otero, 2025. "Incidence of synchronisation and spatial dependence on the amplitude of sub-national business cycles in emerging economies with inflation targeting," Spatial Economic Analysis, Taylor & Francis Journals, vol. 20(4), pages 683-704, October.
    • Handle: RePEc:taf:specan:v:20:y:2025:i:4:p:683-704
    DOI: 10.1080/17421772.2025.2512249
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17421772.2025.2512249
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17421772.2025.2512249?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:specan:v:20:y:2025:i:4:p:683-704. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RSEA20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.