Spatial Growth Volatility and Age-structured Human Capital Dynamics in Europe

Mamata Parhi and Tapas Mishra

Working Papers of BETA from Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg

Abstract: In a semi-parametric spatial vector autoregressive setting this paper investigates the role of age-structured human capital on output comovements in Europe. Using the proportion of age-structured human capital growth and its degree of appropriations in output production as twin measures of distance, we find significant positive spatial growth volatility/persistence.

Keywords: Spatial growth volatility; Non-linear growth; Age-structured human capital; Semi-parametric VAR. (search for similar items in EconPapers)
JEL-codes: C14 C31 E61 J11 O47 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-geo and nep-hrm
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Journal Article: Spatial growth volatility and age-structured human capital dynamics in Europe (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:ulp:sbbeta:2008-04

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