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This paper offers a concise critical overview of Okuns Law, with particular attention for its relevance in open economic systems of regions. Based on an extensive set of economic data for Finnish regions, the existence of cointegration is tested by using alternative statistical methods, viz. the...
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Mitchell, Michael Flanagan, and Alistair Robson -- 21. Spatial-economic disparities and convergence / Stilianos Alexiadis -- 22 …. Heterogeneous reaction versus interaction in spatial econometric regional growth and convergence models / Julie Le Gallo and Ertur …
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