论文标题
经济收缩期间的区域同步：美国和日本的情况
Regional Synchronization during Economic Contraction: The Case of the U.S. and Japan
论文作者
论文摘要
二十年的研究发现，国家业务周期及其持续时间的过渡时机的区域差异很大。较早的研究部分检测到欧洲，美国和日本商业周期扩张和收缩期间的区域同步。我们研究了采用复杂方法来识别美国和日本区域商业周期数据的时变程度的这种可能性。该方法在非线性科学中是突出的，但很少在商业周期研究中应用。我们发现，在研究期间，在整个研究期间，区域业务周期的同步增加了，并且在整个研究期间的扩张期间都有减少。收缩和企业周期的扩张阶段之间的不对称性将有助于我们对商业周期现象的更好理解。
Two decades of studies have found significant regional differences in the timing of transitions in national business cycles and their durations. Earlier studies partly detect regional synchronization during business cycle expansions and contractions in Europe, the United States, and Japan. We examine this possibility applying a sophisticated method for identifying the time-varying degree of synchronization to regional business cycle data in the U.S. and Japan. The method is prominent in nonlinear sciences but has been infrequently applied in business cycle studies.We find that synchronization in regional business cycles increased during contractions and decreased during expansions throughout the period under study.Such asymmetry between the contraction and expansion phases of a business cycle will contribute our better understanding of the phenomenon of business cycles.
