Analytical framework for industry-oriented leading cyclical indicators: Empirical investigation of EU economic cycles
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F24%3A63577578" target="_blank" >RIV/70883521:28120/24:63577578 - isvavai.cz</a>
Výsledek na webu
<a href="https://akjournals.com/view/journals/032/74/2/article-p145.xml" target="_blank" >https://akjournals.com/view/journals/032/74/2/article-p145.xml</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1556/032.2024.00007" target="_blank" >10.1556/032.2024.00007</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Analytical framework for industry-oriented leading cyclical indicators: Empirical investigation of EU economic cycles
Popis výsledku v původním jazyce
This research developed an analytical framework for industry-oriented leading cyclical indicators (CII), focusing on monitoring and forecasting economic cycles within the European Union (EU). Various methodologies for constructing these indicators were xamined through an exhaustive sector analysis. A salient conclusion drawn is the non-feasibility of a one-size-fits-all composite leading indicator for all EU members. It underscores the imperative to tailor these indicators in congruence with the unique ndustrial characteristics of each country. The study provides empirical evidence that countries like Denmark, Germany, Austria, Estonia, Lithuania, Latvia, Finland and Sweden can benefit from high-caliber composite leading indicators tailored to their economies. Our analysis suggests that GDP is a more robust metric than the Industrial Production Index for predicting economic cycles for the EU countries.
Název v anglickém jazyce
Analytical framework for industry-oriented leading cyclical indicators: Empirical investigation of EU economic cycles
Popis výsledku anglicky
This research developed an analytical framework for industry-oriented leading cyclical indicators (CII), focusing on monitoring and forecasting economic cycles within the European Union (EU). Various methodologies for constructing these indicators were xamined through an exhaustive sector analysis. A salient conclusion drawn is the non-feasibility of a one-size-fits-all composite leading indicator for all EU members. It underscores the imperative to tailor these indicators in congruence with the unique ndustrial characteristics of each country. The study provides empirical evidence that countries like Denmark, Germany, Austria, Estonia, Lithuania, Latvia, Finland and Sweden can benefit from high-caliber composite leading indicators tailored to their economies. Our analysis suggests that GDP is a more robust metric than the Industrial Production Index for predicting economic cycles for the EU countries.
Klasifikace
Druh
J<sub>imp</sub> - Článek v periodiku v databázi Web of Science
CEP obor
—
OECD FORD obor
50201 - Economic Theory
Návaznosti výsledku
Projekt
—
Návaznosti
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Ostatní
Rok uplatnění
2024
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Acta Oeconomica
ISSN
0001-6373
e-ISSN
1588-2659
Svazek periodika
74
Číslo periodika v rámci svazku
2
Stát vydavatele periodika
HU - Maďarsko
Počet stran výsledku
23
Strana od-do
145-167
Kód UT WoS článku
001254209100001
EID výsledku v databázi Scopus
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