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Ciclos económicos y clusters regionales en Europa

Author

Listed:
  • María Dolores Gadea-Rivas

    (Universidad de Zaragoza)

  • Ana Gómez-Loscos

    (Banco de España)

  • Eduardo Bandrés

    (Universidad de Zaragoza y Funcas)

Abstract

El análisis de los ciclos económicos de las regiones europeas pone de relieve la existencia de importantes asimetrías, que pueden esquematizarse en la configuración de distintos clusters caracterizados por patrones de comportamiento diferentes. La identificación de los distintos grupos debería revelar las singularidades territoriales que afronta cada país y, por tanto, la necesidad de complementar las políticas macroeconómicas comunes con otras dirigidas a atender situaciones específicas de carácter regional. El artículo muestra que la introducción del euro ha sido decisiva para aumentar la sincronización de los ciclos regionales, al tiempo que supuso una mayor distancia entre el grupo central de regiones europeas y los países que quedaron fuera de la moneda única. También resulta destacable que, a pesar del efecto del euro, se mantienen importantes singularidades entre las regiones alemanas, por una parte, y entre las de Grecia, Portugal e Italia, por otra.

Suggested Citation

  • María Dolores Gadea-Rivas & Ana Gómez-Loscos & Eduardo Bandrés, 2019. "Ciclos económicos y clusters regionales en Europa," Occasional Papers 1914, Banco de España.
    • Handle: RePEc:bde:opaper:1914
    as

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    File URL: https://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosOcasionales/19/Fich/do1914.pdf
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    References listed on IDEAS

    as
    1. Eduardo Bandrés & María Dolores Gadea-Rivas & Ana Gómez-Loscos, 2017. "Regional business cycles across europe," Occasional Papers 1702, Banco de España.
    2. Maria Gadea & Ana Gómez-Loscos & Antonio Montañés, 2012. "Cycles inside cycles: Spanish regional aggregation," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 3(4), pages 423-456, December.
    3. Ramajo, Julián & Márquez, Miguel A. & Hewings, Geoffrey J.D. & Salinas, María M., 2008. "Spatial heterogeneity and interregional spillovers in the European Union: Do cohesion policies encourage convergence across regions?," European Economic Review, Elsevier, vol. 52(3), pages 551-567, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    datado del ciclo económico; regiones; modelos de Markov con mixturas finitas de distribuciones;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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