Seasonal Long Memory in Retail Sales in the G7 Countries.

This article examines the seasonal patterns of retail sales in the G7 nations, a key component of private consumption. Using seasonal fractional integration, we assess whether shocks present a lasting or temporary effect on retail sales trends, considering the high seasonal component. We observe mea...

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Detalhes bibliográficos
Autores: Gil Alana, Luis A., Poza Lara, Carlos
Formato: artículo
Fecha de publicación:2024
País:España
Recursos:Universidad Francisco de Vitoria
Repositorio:DDFV. Repositorio Institucional de la Universidad Francisco de Vitoria
Idioma:inglés
OAI Identifier:oai:ddfv.ufv.es:10641/5400
Acesso em linha:https://hdl.handle.net/10641/5400
Access Level:acceso abierto
Palavra-chave:Retail sales
Seasonality
G7 countries
Long memory
Fractional integration
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spelling Seasonal Long Memory in Retail Sales in the G7 Countries.Gil Alana, Luis A.Poza Lara, CarlosRetail salesSeasonalityG7 countriesLong memoryFractional integrationThis article examines the seasonal patterns of retail sales in the G7 nations, a key component of private consumption. Using seasonal fractional integration, we assess whether shocks present a lasting or temporary effect on retail sales trends, considering the high seasonal component. We observe mean reversion in France, Germany, Italy, Japan, and the UK, and permanent effects in the cases of Canada and USA. However, these outcomes vary based on the error term model applied. These results offer valuable information for policymakers seeking to boost consumption depending on the seasonal long memory property of the G7 countries.MDPI20242024-01-0120242024-01-01journal articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/10641/5400reponame:DDFV. Repositorio Institucional de la Universidad Francisco de Vitoriainstname:Universidad Francisco de VitoriaInglésengopen accesshttp://purl.org/coar/access_right/c_abf2Attribution-NonCommercial-NoDerivatives 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessoai:ddfv.ufv.es:10641/54002026-06-11T12:44:57Z
dc.title.none.fl_str_mv Seasonal Long Memory in Retail Sales in the G7 Countries.
title Seasonal Long Memory in Retail Sales in the G7 Countries.
spellingShingle Seasonal Long Memory in Retail Sales in the G7 Countries.
Gil Alana, Luis A.
Retail sales
Seasonality
G7 countries
Long memory
Fractional integration
title_short Seasonal Long Memory in Retail Sales in the G7 Countries.
title_full Seasonal Long Memory in Retail Sales in the G7 Countries.
title_fullStr Seasonal Long Memory in Retail Sales in the G7 Countries.
title_full_unstemmed Seasonal Long Memory in Retail Sales in the G7 Countries.
title_sort Seasonal Long Memory in Retail Sales in the G7 Countries.
dc.creator.none.fl_str_mv Gil Alana, Luis A.
Poza Lara, Carlos
author Gil Alana, Luis A.
author_facet Gil Alana, Luis A.
Poza Lara, Carlos
author_role author
author2 Poza Lara, Carlos
author2_role author
dc.contributor.none.fl_str_mv
dc.subject.none.fl_str_mv Retail sales
Seasonality
G7 countries
Long memory
Fractional integration
topic Retail sales
Seasonality
G7 countries
Long memory
Fractional integration
description This article examines the seasonal patterns of retail sales in the G7 nations, a key component of private consumption. Using seasonal fractional integration, we assess whether shocks present a lasting or temporary effect on retail sales trends, considering the high seasonal component. We observe mean reversion in France, Germany, Italy, Japan, and the UK, and permanent effects in the cases of Canada and USA. However, these outcomes vary based on the error term model applied. These results offer valuable information for policymakers seeking to boost consumption depending on the seasonal long memory property of the G7 countries.
publishDate 2024
dc.date.none.fl_str_mv 2024
2024-01-01
2024
2024-01-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/10641/5400
url https://hdl.handle.net/10641/5400
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Attribution-NonCommercial-NoDerivatives 4.0 International
http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Attribution-NonCommercial-NoDerivatives 4.0 International
http://creativecommons.org/licenses/by-nc-nd/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv MDPI
publisher.none.fl_str_mv MDPI
dc.source.none.fl_str_mv reponame:DDFV. Repositorio Institucional de la Universidad Francisco de Vitoria
instname:Universidad Francisco de Vitoria
instname_str Universidad Francisco de Vitoria
reponame_str DDFV. Repositorio Institucional de la Universidad Francisco de Vitoria
collection DDFV. Repositorio Institucional de la Universidad Francisco de Vitoria
repository.name.fl_str_mv
repository.mail.fl_str_mv
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