Spatial growth volatility and age-structured human capital dynamics in Europe
We study dynamic output co-movements in Europe in a spatial setting where proportion of human capital and its appropriation pattern in production define distance among countries. Significant spatial output and shock correlations are found suggesting possible welfare-enhancing cross-country policy co...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
2009-03.
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| Subjects: | |
| Online Access: | Get fulltext |