Article ID Journal Published Year Pages File Type
5061801 Economics Letters 2009 4 Pages PDF
Abstract
We study dynamic output co-movements in Europe in a spatial setting where proportion of human capital and its appropriation pattern in production define distance among countries. Significant spatial output and shock correlations are found suggesting possible welfare-enhancing cross-country policy coordination.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Spatial growth volatility and age-structured human capital dynamics in Europe
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