Spatial growth volatility and age-structured human capital dynamics in Europe

Mamata Parhi, Tapas Mishra

    Research output: Contribution to journalArticle

    Abstract

    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 coordination. (C) 2008 Elsevier B.V. All rights reserved.
    Original languageEnglish
    Pages (from-to)181-184
    JournalECONOMICS LETTERS
    Volume102
    Issue number3
    DOIs
    Publication statusPublished - 2009

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