Abstract:Development of the whole economy and sectors of the economy is influenced by cyclical fluctuations, what can be observed as slowdown or acceleration of the economic processes. The identification of the leads and lags between the economic indicators, that reveals cyclical fluctuations is very important. The paper attempts to diagnose the lead and lag relationship between the economic sentiment indicators and the indicators of barriers to doing business in the services sector. The growth cycle approach was appli… Show more
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