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Variability of dynamic correlation - the evidence of sectoral specialization in V4 countries

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26220%2F14%3APU105766" target="_blank" >RIV/00216305:26220/14:PU105766 - isvavai.cz</a>

  • Result on the web

    <a href="https://pep.vse.cz/artkey/pep-201403-0006_Variability-of-Dynamic-Correlation-The-Evidence-of-Sector-Specific-Shocks-in-V4-Countries.php" target="_blank" >https://pep.vse.cz/artkey/pep-201403-0006_Variability-of-Dynamic-Correlation-The-Evidence-of-Sector-Specific-Shocks-in-V4-Countries.php</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.18267/j.pep.489" target="_blank" >10.18267/j.pep.489</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Variability of dynamic correlation - the evidence of sectoral specialization in V4 countries

  • Original language description

    We propose novel methodological approach to identify sectoral specialization in terms of economic cycle synchronization. We use dynamic measurement of comovement via lagged dynamic correlation and its variability. For the empirical evidence we use data of Visegrads countries, Germany and the euro area. The results are discussed in the context of Krugman specialization hypothesis. Our findings show higher specialization of countries which have significant comovements with high variability of dynamic correlation.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

    BB - Applied statistics, operational research

  • OECD FORD branch

    10103 - Statistics and probability

Result continuities

  • Project

    Result was created during the realization of more than one project. More information in the Projects tab.

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    PRAGUE ECON PAP

  • ISSN

    1210-0455

  • e-ISSN

  • Volume of the periodical

    2014

  • Issue of the periodical within the volume

    3

  • Country of publishing house

    CZ - CZECH REPUBLIC

  • Number of pages

    14

  • Pages from-to

    371-384

  • UT code for WoS article

    000343271700006

  • EID of the result in the Scopus database

    2-s2.0-84920816354