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The purpose of this paper is to analyse Okun's law for the Spanish regions over the period 1980-2004. Based on its "gap" specification, the results show that an inverse relationship between unemployment and output holds for most of the regions and for the whole country. However, the quantitative...
Persistent link: https://www.econbiz.de/10005077572
Regional convergence has become a heated topic in the last decades. To address it, most papers define regions on the base of normative/administrative criteria, although some consider that it could lead to misleading conclusions. In view of that, this article explores, over the period...
Persistent link: https://www.econbiz.de/10010577352