IDEAS home Printed from https://ideas.repec.org/p/bde/opaper/1914.html
   My bibliography  Save this paper

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

    Download full text from publisher

    File URL: https://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosOcasionales/19/Fich/do1914.pdf
    File Function: First version, July 2019
    Download Restriction: no
    ---><---

    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)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ana Gómez-Loscos & M. Dolores Gadea & Eduardo Bandres, 2020. "Business cycle patterns in European regions," Empirical Economics, Springer, vol. 59(6), pages 2639-2661, December.
    2. María Dolores Gadea-Rivas & Ana Gómez-Loscos & Danilo Leiva-Leon, 2017. "The evolution of regional economic interlinkages in Europe," Working Papers 1705, Banco de España.
    3. Gadea-Rivas, María Dolores & Gómez-Loscos, Ana & Leiva-Leon, Danilo, 2019. "Increasing linkages among European regions. The role of sectoral composition," Economic Modelling, Elsevier, vol. 80(C), pages 222-243.
    4. Dolores Gadea-Rivas, M. & Gómez-Loscos, Ana & Bandrés, Eduardo, 2018. "Clustering regional business cycles," Economics Letters, Elsevier, vol. 162(C), pages 171-176.
    5. Eduardo Bandrés & María Dolores Gadea-Rivas & Ana Gómez-Loscos, 2017. "Regional business cycles across europe," Occasional Papers 1702, Banco de España.
    6. Camacho, Máximo & Pacce, Matias & Ulloa, Camilo, 2018. "Regional Business Cycle Phases in Spain/Ciclos económicos regionales en España," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 36, pages 857-896, Septiembr.
    7. Concha Artola & María Gil & Javier J. Pérez & Alberto Urtasun & Alejandro Fiorito & Diego Vila, 2018. "Monitoring the Spanish economy from a regional perspective: main elements of analysis," Occasional Papers 1809, Banco de España.
    8. Maximo Camacho & Matias Pacce & Camilo Ulloa, 2017. "Business cycle phases in Spain," Working Papers 17/20, BBVA Bank, Economic Research Department.
    9. Arcalean, Calin & Glomm, Gerhard & Schiopu, Ioana, 2012. "Growth effects of spatial redistribution policies," Journal of Economic Dynamics and Control, Elsevier, vol. 36(7), pages 988-1008.
    10. Mihály Borsi & Norbert Metiu, 2015. "The evolution of economic convergence in the European Union," Empirical Economics, Springer, vol. 48(2), pages 657-681, March.
    11. Matthias Firgo & Peter Mayerhofer, 2015. "Wissens-Spillovers und regionale Entwicklung - welche strukturpolitische Ausrichtung optimiert des Wachstum?," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 144, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    12. Wall, Howard, 2023. "The Great, Greater, and Greatest Recessions of US States," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 53(1), January.
    13. Vandenbulcke, Grégory & Dujardin, Claire & Thomas, Isabelle & Geus, Bas de & Degraeuwe, Bart & Meeusen, Romain & Panis, Luc Int, 2011. "Cycle commuting in Belgium: Spatial determinants and 're-cycling' strategies," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(2), pages 118-137, February.
    14. Sara Amoroso & Alex Coad & Nicola Grassano, 2017. "European R&D networks: A snapshot from the 7th EU Framework Programme," JRC Working Papers on Corporate R&D and Innovation JRC107546, Joint Research Centre (Seville site).
    15. Panagiotis KOUDOUMAKIS & George BOTZORIS & Angelos PROTOPAPAS, 2021. "The Contribution Of Cohesion Policy To The Development And Convergence Of The Regions Of The European Union," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 277-290, June.
    16. María Teresa Álvarez-Martínez & Clemente Polo, 2017. "The short-run effects of EU funds in Spain using a CGE model: the relevance of macro-closures," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 6(1), pages 1-17, December.
    17. Filip Hruza & Stanislav Volcík & Jan Žácek, 2019. "The Impact of EU Funds on Regional Economic Growth of the Czech Republic," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 69(1), pages 76-94, February.
    18. Jürgen Bierbaumer-Polly & Werner Hölzl, 2016. "Business Cycle Dynamics and Firm Heterogeneity. Evidence for Austria Using Survey Data," WIFO Working Papers 504, WIFO.
    19. Andreas P Kyriacou & Oriol Roca-Sagalés, 2012. "The Impact of EU Structural Funds on Regional Disparities within Member States," Environment and Planning C, , vol. 30(2), pages 267-281, April.
    20. Roberta Capello & Camilla Lenzi, 2015. "Una valutazione della rilevanza e utilit? delle politiche di Ricerca e sviluppo tecnologico dell?Unione Europea," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2015(3 Suppl.), pages 13-36.

    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

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bde:opaper:1914. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ángel Rodríguez. Electronic Dissemination of Information Unit. Research Department. Banco de España (email available below). General contact details of provider: https://edirc.repec.org/data/bdegves.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.