Spatial Growth Volatility and Age-structured Human Capital Dynamics in Europe.

In a semi-parametric spatial vector autoregressive setting this paper investigates the role of age-structured human capital on output comovements in Europe. Using the proportion of age-structured human capital growth and its degree of appropriations in output production as twin measures of distance, we find significant positive spatial growth volatility/persistence.

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Year of publication:	2008
Authors:	Parhi, Mamata ; Mishra, Tapas
Institutions:	Bureau d'Économie Théorique et Appliquée (BETA), Université de Strasbourg
Subject:	Spatial growth volatility \| Non-linear growth \| Age-structured human capital \| Semi-parametric VAR

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Extent:	application/pdf
Series:	Working Papers of BETA.
Type of publication:	Book / Working Paper
Language:	English
Classification:	C14 - Semiparametric and Nonparametric Methods ; C31 - Cross-Sectional Models; Spatial Models ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination ; J11 - Demographic Trends and Forecasts ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005422850