Pautas cíclicas de la economía andaluza en el período 1984-2001: un análisis comparado

Javier Pérez, Jesús Rodríguez-López () and Teresa Leal ()
Additional contact information
Teresa Leal: Universidad de Huelva, http://www.uhu.es/

No E2002/18, Economic Working Papers at Centro de Estudios Andaluces from Centro de Estudios Andaluces

Abstract: In this paper we characterize some cyclical patterns for the Andalusian economy, for the period 1984-2001. Our work is basically an empirical one. Our results show that the Andalusian economy is more volatile than Spain as a whole, although there exist an important degree of coherence between both economies. This result holds at the aggregate level and at the industry level. On average, GDP growth has been higher in Andalusia during expansions, although it has been lower during recessions. The relationship between the fluctuations of income and the fluctuations of the number of unemployed people is shown to be clearly negative, as the theory would predict, but the coefficient of the relation is lower in the case of Andalusia. Moreover, we find the relation not to be symmetric. For a given increase in production, unemployment gets reduced in a larger fraction than the increase that would present in recessions under the same, but negative, increase in production.

Keywords: Business cycles; Unemployment; Asymmetries; Regional Economics (search for similar items in EconPapers)
JEL-codes: E32 R10 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2002
New Economics Papers: this item is included in nep-geo, nep-his and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://public.centrodeestudiosandaluces.es/pdfs/E200218.pdf (application/pdf)

Related works:
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:cea:doctra:e2002_18

Access Statistics for this paper

More papers in Economic Working Papers at Centro de Estudios Andaluces from Centro de Estudios Andaluces c/ Bailén 50. 41001 Sevilla. Contact information at EDIRC.
Bibliographic data for series maintained by Susana Mérida ( this e-mail address is bad, please contact ).