期刊名称：CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度：2002
卷号：2002
出版社：Center for Operations Research and Econometrics (UCL), Louvain
摘要：This paper provides evidence of the positive impact of economic integration on EU regions’
business cycles convergence by focusing on two neighbouring countries: Spain and Portugal. We
show that while a rise in cross-country business cycle correlation has also been experienced by
other European countries, it has been relatively more pronounced for Iberian regions. Econometric
evidence suggests that the existence of an administrative border, the economic size of regions and
their industrial structures can explain a substantial proportion of regional cycles.
关键词：Economic Integration, Business Cycles, European Regions, Border Effect, Spain, Portugal
