4 ANNEXES
Table 15 Business cycle component- sensitivity analysis
Agriculture | ||||||
1980-2001 |
1980-1991 |
1991-2001 | ||||
Belgium |
16,68 |
[14,80; 20,24] |
18,82 |
[15,90; 28,34] |
16,80 |
[14,22; 20,97] |
Denmark |
10,79 |
[9,42; 46,96] |
9,94 |
[9,24; 37,18] |
12,60 |
[9,60; 76,32] |
Germany |
8,92 |
[5,28; 10,31] |
19,80 |
[9,81; 22,80] |
3,41 |
[2,82;4,75] |
Greece |
na |
na |
na | |||
Spain |
15,75 |
[13,93; 23,86] |
17,74 |
[14,96; 36,35] |
13,30 |
[12,02; 15,30] |
France |
9,45 |
[6,32; 14,15] |
10,66 |
[6,67; 19,02] |
8,41 |
[5,56; 10,42] |
Ireland |
na |
na |
na | |||
Italy |
15,29 |
[4,59; 904,16] |
19,73 |
[6,81; 985,21] |
10,31 |
[2,13; 813,83] |
Luxembourg |
na |
na |
na | |||
Netherlands |
6,93 |
[6,89; 211,88] |
na |
6,76 |
[6,76; 168,75] | |
Austria |
23,44 |
[23,44; 33,35] |
na |
24,31 |
[24,31; 30,00] | |
Portugal |
na |
na |
na | |||
Finland |
4,99 |
[4,46; 10,08] |
3,71 |
[3,35; 9,38] |
6,99 |
[6,13; 12,76] |
Sweden |
6,48 |
[3,62; 8,37] |
13,38 |
[3,20; 18,84] |
3,38 |
[3,05; 4,57] |
United Kingdom |
6,26 |
[4,48; 7,69] |
4,68 |
[2,61;5,76] |
11,36 |
[10,08; 13,84] |
Industry | ||||||
1980-2001 |
1980-1991 I |
1991-2001 | ||||
Belgium |
4,75 |
[4,39;5,82] |
6,86 |
[6,71; 8,33] |
3,80 |
[3,49; 5,22] |
Denmark |
4,88 |
[4,56; 6,47] |
3,98 |
[3,22; 5,03] |
6,81 |
[5,45; 9,47] |
Germany |
3,73 |
[3,06; 4,47] |
4,42 |
[2,85;4,68] |
4,24 |
[3,62;5,31] |
Greece |
na |
na |
na | |||
Spain |
1,72 |
[1,67;2,94] |
1,33 |
[1,33; 2,87] |
2,15 |
[2,00;3,04] |
France |
3,28 |
[3,28; 6,44] |
1,79 |
[1,76; 6,24] |
4,55 |
[4,55; 6,58] |
Ireland |
na |
na |
na | |||
Italy |
5,14 |
[5,14; 11,14] |
4,78 |
[4,78; 13,11] |
5,49 |
[5,49; 8,95] |
Luxembourg |
na |
na |
na | |||
Netherlands |
2,54 |
[2,54; 13,60] |
na |
2,29 |
[2,29; 11,36] | |
Austria |
4,07 |
[1,82; 4,49] |
na |
3,71 |
[1,83; 4,17] | |
Portugal |
na |
na |
na | |||
Finland |
2,19 |
[2,05; 2,46] |
1,29 |
[1,20; 1,47] |
3,39 |
[3,25; 3,81] |
Sweden |
4,92 |
[2,76;4,92] |
5,43 |
[2,42; 5,65] |
4,73 |
[3,21; 4,73] |
United Kingdom |
2,17 |
[2,04;2,39] |
1,91 |
[1,73; 2,16] |
2,96 |
[2,91; 3,06] |
Construction | ||||||
1980-2001 |
1980-1991 I |
1991-2001 | ||||
Belgium |
16,08 |
[14,62; 19,71] |
28,74 |
[28,66; 35,20] |
8,04 |
[7,04; 10,14] |
Denmark |
21,58 |
[18,90; 23,48] |
22,13 |
[14,36; 29,20] |
20,35 |
[15,27; 32,51] |
Germany |
13,61 |
[12,37; 21,68] |
28,32 |
[28,00; 32,77] |
4,75 |
[3,23; 12,36] |
Greece |
na |
na |
na | |||
Spain |
10,43 |
[10,22; 11,24] |
10,34 |
[9,52; 10,97] |
10,82 |
[10,82; 12,48] |
France |
11,88 |
[7,55; 13,15] |
4,05 |
[2,63; 4,05] |
18,55 |
[11,46; 21,17] |
Ireland |
na |
na |
na | |||
Italy |
7,16 |
[4,23; 8,73] |
3,64 |
[1,99; 4,43] |
10,65 |
[6,65; 12,54] |
Luxembourg |
na |
na |
na | |||
Netherlands |
8,69 |
[6,60; 19,96] |
na |
4,81 |
[3,41; 11,16] | |
Austria |
8,19 |
[5,31; 54,72] |
na |
6,57 |
[3,00; 56,41] | |
Portugal |
na |
na |
na | |||
Finland |
5,93 |
[5,64; 19,78] |
6,14 |
[6,04; 21,81] |
6,43 |
[5,60; 19,36] |
Sweden |
4,26 |
[1,59; 4,32] |
4,59 |
[0,90; 4,68] |
4,16 |
[2,49; 4,35] |
United Kingdom |
2,43 |
[2,39; 2,60] |
2,44 |
[2,39; 2,64] |
2,36 |
[2,35; 2,46] |
ECB
Occasional Paper No. 19
July 2004