Analyzing Canadian Regional Business Cycles Using Logistic Smooth Transition Autoregressive (LSTAR) Models

Isamuhamedov, Dilshod2013-08-272013-08-2720022002http://hdl.handle.net/10393/25120This paper estimates Logistic Smooth Transition Autoregressive (LSTAR) models to analyze nonlinearities and asymmetries in Canadian regional business cycles. We use quarterly data of real personal income for the ten Canadian provinces for the period startenAnalyzing Canadian Regional Business Cycles Using Logistic Smooth Transition Autoregressive (LSTAR) Models