Disentangling Different Patterns of Business Cycle Synchronicity in The EU Regions

Ageliki Anagnostou (), Ioannis Panteladis and Maria Tsiapa

ERSA conference papers from European Regional Science Association

Abstract: The present paper discourses on how European integration and gradual enlargement has affected the synchronicity in business cycles in EU regions. The analysis, which is conducted on annual data at the NUTSII level, is based on the following grounds: First, it examines the degree of synchronicity in business cycles in EU regions associated with specific spatial and economic characteristics that explain, to a large extent, synchronisation dynamics. Secondly, the study investigates the existence of a time-varying national ‘border effect’, with eventually differentiated dynamism among the old and the new EU member states. For this purpose a dynamic Panel VAR model is employed in order to investigate the impact of spatial variables and productions structures on business cycles taking into consideration the variation in time and cross regions specific characteristics attributed to the integration process of these regions.

Date: 2012-10
New Economics Papers: this item is included in nep-geo and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
https://www-sre.wu.ac.at/ersa/ersaconfs/ersa12/ersa12gmfinal00926.pdf (application/pdf)

Related works:
Journal Article: Disentangling different patterns of business cycle synchronicity in the EU regions (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wiw:wiwrsa:ersa12p924

Access Statistics for this paper

More papers in ERSA conference papers from European Regional Science Association Welthandelsplatz 1, 1020 Vienna, Austria.
Bibliographic data for series maintained by Gunther Maier ().