Acta Montanistica Slovaca, Volume 25 (202
Green business cyc
Marinko ŠKARE
1
*, Daniel T
Authors’ affiliations and addresses:
1
Juraj Dobrila University of Pula, Faculty o
Economics and Tourism “Dr.MijoMirković
Preradovićeva 1/1,52100 Pula, Croatia,
e-mail: mskare@unipu.hr
2
Juraj Dobrila University of Pula, Faculty o
Economics and Tourism “Dr.MijoMirković
Preradovićeva 1/1,52100 Pula, Croatia,
e-mail: dtomic@unipu.hr
3
Juraj Dobrila University of Pula, Faculty o
Economics and Tourism “Dr.MijoMirković
Preradovićeva 1/1,52100 Pula, Croatia,
e-mail: sstjepan@unipu.hr
*Correspondence:
MarinkoŠkare, Juraj Dobrila University of P
Faculty of Economics and Tourism
“Dr.MijoMirković, Preradovićeva 1/1,5210
Croatia,
Tel:+385 52 377 057
e-mail: mskare@unipu.hr
Acknowledgment:
This paper is a result of scientific – research
projects “Accounting for the Future, Big Da
Economic Measurement” and “The Determ
and Challenges of Competitiveness" suppor
the Faculty of Economics and Tourism "Dr.
Mirković“, Juraj Dobrila University of Pula
opinions, findings, and conclusions or
recommendations expressed in this paper ar
of the author and do not necessarily reflect t
views of the Faculty of Economics and Tou
"Dr. Mijo Mirković“, Pula.
How to cite this article:
Škare, M., Tomić, D. and Stjepanović, S. (2
Green business cycle: an analysis on China
France. Acta Montanistica Slovaca, Volume
(4), 563-576
DOI:
https://doi.org/10.46544/AMS.v25i4.10
© 2020 by the au
of the Creative C
20), 4; DOI: 10.46544/AMS.v25i4.10
cle: an analysis on China and
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Abstract
Business cycle analysis generated an
stimulating and provoking interesting acad
debates within a growth perspective. In fa
cycles is critical in determining the stylize
behavior of aggregate macroeconomic ind
green growth topics started to occupy much
question of the co-existence of equit
development as well as current dynamics a
economic growth comes into foreplay. This
cyclical characteristics of green growth
observing two countries that showed d
aspirations over time, namely China and
paper's main objective, we want to provide
the extent to which Green GDP and relevan
comparable in a wider 'deviation cycle' cont
correlation, cycle coherence, and cycle mag
that business cycles of GDP/GNI and Gre
connected and coherent to a high degree. H
the strength of that nexus and the degree of
considerably over time, yet in a positive way
Keywords
business cycles, Green GDP, cycle coherence
uthors. Submitted for possible open access publication under
Commons Attribution (CC BY) license (http://creativecommon
d France
essential impulse in
demic and professional
act, measuring business
ed facts on the cyclical
dicators over time. As
h academic interest, the
table and sustainable
and cyclical features of
paper aims to evaluate
related variables by
different green policy
France. Following the
e a detailed analysis of
nt output measures are
text that includes cycle
gnitude. Results suggest
een GDP are strongly
However, we found that
similarity has changed
y.
e, magnitude of cycles
the terms and conditions
ns.org/licenses/by/4.0/).