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Regional convergence has become a heated topic in recent decades. Most papers studying this question define regions according to normative criteria, even though this can lead to biased conclusions. In contrast, this article explores the per capita income (PCI) distribution of metropolitan...
Persistent link: https://www.econbiz.de/10008525343
The purpose of this paper is to analyse Okun's law for Spain and its seventeen regions over the period 1980-2004. Based on its “gap” specification and using two different detrending techniques, the results show that an inverse relationship between unemployment and output holds for most of...
Persistent link: https://www.econbiz.de/10010629394
The purpose of this paper is to analyse Okun's law for Spain and its seventeen regions over the period 1980-2004. Based on its “gap†specification and using two different detrending techniques, the results show that an inverse relationship between unemployment and output holds for most...
Persistent link: https://www.econbiz.de/10005110852