Tondl, Gabriele; Traistaru-Siedschlag, Iulia - Economic and Social Research Institute (ESRI) - 2006
This paper investigates the patterns and determinants of the co-movement of economic activity between regions in the European Union and the Euro Area. Using a panel data of 208 EU-15 regions over the period 1989-2002 we estimate a system of four simultaneous equations to analyse the impact of...