Empirical Analysis of the Relationship Between Cycle Growth Volatility and Economic Growth: the Case of Lebanon
Keywords:
Empirical analysis, Economic growth indicators, Economic growth, Production, EffectivenessAbstract
This paper analyses the evolution of the growth cycle and volatility in Lebanon during the period of 1970-2015. First, GDP growth observed over its potential level is determined by taking into account the break dates coinciding with conflict and political instability. Th en, an estimation of the impact of conflict on the output gap volatility is held to analyze the causal relationship between this same volatility and growth. It turned out that contrary to what is suggested by the literature, it is economic growth that explains the volatility of economic cycles.(original abstract)
Downloads
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2017 Poznań University of Economics and Business
This work is licensed under a Creative Commons Attribution 4.0 International License.
Lorem ipsum dolor sit amet quam leo, cursus vitae, commodo convallis consequat. Donec pulvinar porta neque, blandit risus commodo sit amet ante. Quisque condimentum. Donec orci interdum euismod scelerisque tincidunt. Maecenas vitae mi. Pellentesque orci vitae nunc venenatis tristique, convallis accumsan, dolor sit amet metus. Curabitur tempor. Phasellus sem. Quisque.
