A sectoral analysis of Barbados’ GDP business cycle
This paper has two main objectives. Firstly, to establish and characterise a reference cycle (based on real output) for Barbados over the quarterly period 1974-2003 using the Bry and Boschan algorithm. Secondly, to link this aggregate output cycle to the cycles of the individual sectors that comprises real output. The overriding conclusions are that the cycles of tourism and wholesale and retail closely resembles that of the aggregate business cycle, while the non-sugar agriculture and fishing cycle is acyclical.
|Date of creation:||Mar 2007|
|Date of revision:|
|Publication status:||Published in Journal of Eastern Caribbean Studies 1.32(2007): pp. 21-52|
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