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Fluctuaciones cíclicas, shocks y asimetrías. Un análisis desagregado para las regiones e industrias españolas

  • Mercé Sala Ríos
  • Mariona Farré
  • Teresa Torres Solé
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    Resumen: Este trabajo utiliza datos desagregados territorial y sectorialmente para evaluar la importancia de las fuentes y de las perturbaciones sobre la fluctuación del output industrial de las regiones españolas. Los objetivos del estudio son tres. En primer lugar, conocer las fuentes de las fluctuaciones del output industrial en las regiones españolas. En segundo lugar, evaluar qué porcentaje de la variación total de las innovaciones industriales está correlacionada con shocks industriales o con shocks territoriales. Por último, estudiar el mayor o menor grado de asimetría de los shocks industriales y de los shocks territoriales. Las conclusiones tienden a mostrar que las fuentes de las fluctuaciones cíclicas de la industria española están condicionadas por la localización de las industrias. En cambio, los shocks imprevistos afectan más a las industrias del mismo sector que a las de la misma región. Ni los shocks industriales ni los territoriales confieren un grado de simetría significativo a los ciclos regionales de la economía española. Abstract: This paper uses regional and industrial disaggregated data to assess the importance of sources and disturbances on industrial output fluctuation across Spanish regions. The aims of the study are three. First, identify the sources of industrial output fluctuations across Spanish regions. Second, compute how much of the total variance of industry innovations is explained by country shocks rather than by industry-specific shocks. Finally, analyse the degree of asymmetry of industry and country shocks. The results point to the fact that the sources of cyclical fluctuations in Spanish industry are conditioned by the location of industries. However, shocks affect more industries in the same sector than to those of the same region. Neither industrial nor territorial shocks confer a significant degree of symmetry to regional cycles of Spanish economy.

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    Article provided by Universidades Públicas de Andalucía in its journal Revista de Estudios Regionales.

    Volume (Year): 02 (2011)
    Issue (Month): ()
    Pages: 97-123

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    Handle: RePEc:rer:articu:v:02:y:2011:p:97-123
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