Driven by growing internationalisation and high unemployment in Europe concerns about competition between regions and cities and it's consequences for economic and social standards are omnipresent. In their strive for "competitiveness" and a high position of their city in an "European City...

This paper sets out a comprehensive framework to identify regional business cycles within Spain and analyses their stylised features and the degree of synchronisation among them and the Spanish economy. We show that the regional cycles are quite heterogeneous although they display some degree of...