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economic systems of regions. Based on an extensive set of economic data for Finnish regions, the existence of cointegration is … similar results and confirm cointegration for the relevant data on Finnish regions. This long-run relationship in Finland … appears to be very similar to that found elsewhere in the literature. Okuns Law ; (hidden) cointegration ; asymmetry …
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with other regions. These hypotheses are confirmed by means of an estimation of wage curves with data for 327 regions of …
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spatial structure that is required for the estimation of spatial models improves the forecasting performance of non …
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