标题：DEGREE OF OVERLAPPING OF THE LOCAL BUSINESS CYCLE WITH THE CYCLE IN THE EURO AREA
期刊名称：Indicator of Economic Activity in Bulgaria
出版年度：2008
卷号：2
页码：10-10
出版社：Agency for Economic Analysis and Forecasting
摘要：Figure 8 shows the correlation between the cyclical fluctuations in the Euro area and the Bulgarian economy. The degree of correlation in the period surveyed amounted to 0.72 and 0.46 respectively, i.e. the fluctuations were passed onto the local economy with a time lag of one or two periods. The dynamics of the indicators suggested a faster pace of transfer of Euro-area developments into the Bulgarian economy.
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