L’Amplitude Du Cycle Économique Et De L’Écart De Production Au Liban
This article shows that the business cycle magnitude and the output gap strongly varied in the Lebanon between 1970 and 2008, the most important variations taking place from 1975 to 1990 corresponding to the period of the civil war. Nevertheless, a decrease in the discrepancy between these two indicators around the long-run trend can be observed since the beginning of 1990s. These reductions of the cyclic amplitude and output gap do not result from the end of the war in 1990 but rather from the general government final consumption expenditure and economic dependence rate. These two variables explain a mismatch between the observed GDP and the potential GP and consequently the occurrence of economic stability.
Volume (Year): 34 (2011)
Issue (Month): ()
|Contact details of provider:|| Web page: http://regionetdeveloppement.org/|
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
When requesting a correction, please mention this item's handle: RePEc:tou:journl:v:34:y:2011:p:181-201. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christophe Van Huffel)
If references are entirely missing, you can add them using this form.