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  • This paper deals with an analysis of business cycles between the EU and BRICS countries. There are theories that claim that when greater trade flows between two countries can cause higher synchronicity between their business cycles. The size and growth of trade between the two countries may partly determine the alignment of business cycles. In order to determine this effect, a correlation between economic cycles of selected economies must be established. The business cycles are analysed by the correlation analysis and by Concordance index method. The results show that the alignment of business cycles between the European Union and BRICS countries is high, but it does not apply to mutual alignment of business cycles among the BRICS countries.
  • This paper deals with an analysis of business cycles between the EU and BRICS countries. There are theories that claim that when greater trade flows between two countries can cause higher synchronicity between their business cycles. The size and growth of trade between the two countries may partly determine the alignment of business cycles. In order to determine this effect, a correlation between economic cycles of selected economies must be established. The business cycles are analysed by the correlation analysis and by Concordance index method. The results show that the alignment of business cycles between the European Union and BRICS countries is high, but it does not apply to mutual alignment of business cycles among the BRICS countries. (en)
Title
  • Alignment of business cycles of the European Union and BRICS countries.
  • Alignment of business cycles of the European Union and BRICS countries. (en)
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  • Alignment of business cycles of the European Union and BRICS countries.
  • Alignment of business cycles of the European Union and BRICS countries. (en)
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  • RIV/61989100:27510/14:86090047!RIV15-MSM-27510___
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  • 2181
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  • RIV/61989100:27510/14:86090047
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  • Business Cycle, International Trade, Concordance Index, European Union, Correlation (en)
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  • [DA3158F35A42]
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  • Ostravice
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  • Recenzovaný sborník příspěvků XII. mezinárodní vědecké konference Hospodářská politika v členských zemích Evropské unie : 16.-18. září 2014, Betline Forest Hotel, Ostravice
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  • Vahalík, Bohdan
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  • Slezská univerzita v Opavě, Obchodně podnikatelská fakulta
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  • 978-80-7510-045-0
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  • 27510
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