Cycle Duration in Production with Periodicity – Evidence from Turkey

Authors : Yilmaz Akdi, Serdar Varlik, Hakan Berument

Pages : 24-32

Doi:10.33818/ier.440103

View : 15 | Download : 11

Publication Date : 2018-09-01

Article Type : Research

Abstract :In this paper, the sub-cycles in two economic activity measures are analyzed by using periodogram analyses. Our results from Turkish data suggest that industrial production and capacity utilization rate consist of various cycles including seasonal cycle s. These series also have common cycles which correspond about four and seven years. Last, industrial production has also additional cycles compare to capacity utilization ratio cycle.
Keywords : Business cycle, Spectral Analysis