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This article studies the possible stochastic convergence between the Spanish regions in 1980-2010. The application of unit root techniques to the new Human Development Index recently calculated in Herrero <italic>et al.</italic> (2013) allows us to show that the evolution of the Spanish economy can be better...
Persistent link: https://www.econbiz.de/10010971302
This article analyses the relationship between oil price shocks and the macroeconomic evolution of the Group of Seven (G7) countries. Using the Qu and Perron (2007) methodology, we endogenously identify three breaks in the nonlinear relationship across our 1970 to 2008 sample. We compute...
Persistent link: https://www.econbiz.de/10010971391