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Spectral analysis of business cycles in Poland and its major trading partners

Author

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  • Arkadiusz Kijek

Abstract

The properties of business cycles in Poland and its major trading partners have been examined. The business cycle synchronization (BCS) between Poland and other countries was studied in order to assess the impact of international trade on BCS. The author applies a modification of the Fourier analysis to the estimation of cycle amplitudes and frequencies. This allows more precise estimation of the cycle characteristics than the traditional approach. Cross-spectral analysis of the cyclical components of GDP for Poland and its major trading partners enables us to study the relationships between business cycles in these countries. Comparing the international structure of Polish trade with that of EU members with the cross-spectral characteristics of GDP series allows us to investigate the links between international trade and business cycle synchronization

Suggested Citation

  • Arkadiusz Kijek, 2017. "Spectral analysis of business cycles in Poland and its major trading partners," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 27(1), pages 57-75.
    • Handle: RePEc:wut:journl:v:1:y:2017:p:57-75:id:1269
    DOI: 10.5277/ord170104
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    References listed on IDEAS

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