Spatial growth volatility and age-structured human capital dynamics in Europe

被引:1
|
作者
Parhi, Mamata [1 ]
Mishra, Tapas [1 ]
机构
[1] Univ Coll Swansea, Sch Business & Econ, Swansea SA2 8PP, W Glam, Wales
关键词
Spatial growth volatility; Non-linear growth; Age-structured human capital; Semi-parametric VAR;
D O I
10.1016/j.econlet.2008.12.014
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. (C) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:181 / 184
页数:4
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