Traditional tools of econometric analysis building rest in almost all cases on the precept that the structure of economy is stable. This asumption is very restrictive in the case of modeling regional economies, where it is very difficult assume that the future will be similar to the past. The...

The topics related to the income distribution are specially interesting when we try to measure the social and economic impacts of a economic policy given decission. When a strategy of balanced development is tried to imply in a given country or region, inequality, poverty, unemployment, etc, not...

This paper contributes to the recent literature in spatial econometrics that focuses on space-time data modeling implementing a multi-location time-series statistical framework to analyze a regional system. Therefore, taking as a point of departure the Global Vector Autoregression approach...