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Silvia Palașcă, PhD Candidate Sebastian-Florian Enea, PhD Candidate

Alexandru Ioan Cuza University of Ia și. Is Trade a Vector of Business Cycles Synchronization? A Fuzzy Cluster Approach of Globalization. Silvia Palașcă, PhD Candidate Sebastian-Florian Enea, PhD Candidate Elisabeta Jaba , Professor Claudiu Țigănaș, Associate Professor.

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Silvia Palașcă, PhD Candidate Sebastian-Florian Enea, PhD Candidate

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  1. AlexandruIoanCuza University of Iași Is Trade a Vector of Business Cycles Synchronization? A FuzzyCluster Approach of Globalization Silvia Palașcă, PhD Candidate Sebastian-Florian Enea, PhD Candidate Elisabeta Jaba, Professor Claudiu Țigănaș, AssociateProfessor

  2. Aim of thestudy • The existence of a significant relationship

  3. Motivation • Fuzzy clusters

  4. Empirical model - Data

  5. Empirical model - Method • Fuzzy cluster membershipdegree-Bezdek (1981) • 2 fuzzy clusters for trade and GDP- • Trade relevance:

  6. Resultsanddiscussions

  7. Resultsanddiscussions

  8. Resultsanddiscussions

  9. Conclusions • business cycles synchronization by trade is a valid tool • business cycles synchronization can be regarded a function of time. Contributions • use of fuzzy cluster analysis based on the trade vector to assess business cycles synchronization, and second of all, • the method of analyzing differences between cluster membership degree calculated Limitations • data frequency

  10. Thank you!

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