کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
968234 | 931472 | 2007 | 9 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
A state-space approach to the analysis of economic shocks in Spain
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
Considering the potential effects on regional convergence in Spain, this paper analyses the relative importance of asymmetric shocks in the Spanish regions between 1975 and 2005. To do this, we employ a technique - the state-space approach - which overcomes some drawbacks of previous methods and allows to decomposing shocks into their structural common and specific components. Our main conclusion is that the shocks that have impinged upon Spanish regions have been mostly symmetric, this meaning that they have not greatly affected the process of regional convergence. However, asymmetric shocks have also been present. Should this continue to happen in the future, it seems the Spanish economy is not well prepared to deal with them. For this reason, the paper offers some political recommendations.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Policy Modeling - Volume 29, Issue 1, JanuaryâFebruary 2007, Pages 55-63
Journal: Journal of Policy Modeling - Volume 29, Issue 1, JanuaryâFebruary 2007, Pages 55-63
نویسندگان
Adolfo Maza, José Villaverde,