Designing a contemporaneity index: Detecting regional similarities in South America, 1961–2018

This study presents an operational characterization of contemporaneity among variables based on the transformation of their corresponding time series into symbolic ones by applying either a Markov switching approach or the symbolic aggregate approximation method. Then, the authors extract vectors fr...

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Detalles Bibliográficos
Autores: Delbianco, Fernando Andrés, Fioriti, Andres, Tohmé, Fernando Abel
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2023
País:Argentina
Institución:Consejo Nacional de Investigaciones Científicas y Técnicas
Repositorio:CONICET Digital (CONICET)
Idioma:inglés
OAI Identifier:oai:ri.conicet.gov.ar:11336/211098
Acceso en línea:http://hdl.handle.net/11336/211098
Access Level:acceso abierto
Palabra clave:SIMBOLIC SERIES
REGIMES
CONTEMPORANEITY
https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
Descripción
Sumario:This study presents an operational characterization of contemporaneity among variables based on the transformation of their corresponding time series into symbolic ones by applying either a Markov switching approach or the symbolic aggregate approximation method. Then, the authors extract vectors from the resulting symbolic time series, characterizing the pattern of change or permanence in time. The scalar product between the vectors corresponding to two variables yields the index of contemporaneity between them. The study apply this method to detect a ranking of synchronic patterns of evolution of gross domestic product (GDP) and investment between several South American economies.