Please use this identifier to cite or link to this item: http://hdl.handle.net/10348/10134
Title: Business cycle synchronisation at the regional level: evidence for the Portuguese regions
Authors: Correia, Leonida Amaral Tomas
Gouveia, Sofia Helena Cerqueira de
Keywords: business cycles
synchronisation
portuguese regions
Issue Date: 2013
Abstract: This paper looks at the synchronisation of product per capita in Portuguese regions at a disaggregated level over the period 1988-2010. Furthermore, it examines the volatility of the regional cycles by calculating dispersion measures. As a whole, results indicate that in Portugal, despite the geographical proximity of regions, there are substantial regional asymmetries in the amplitude and degree of association of regional business cycles. The discrepancy in the dynamics of the average correlations of the NUTSIII cycle with the regional (NUTSII) and national cycles supports the existence of a regional border effect.
Peer Reviewed: yes
URI: http://hdl.handle.net/10348/10134
Document Type: Article
Appears in Collections:CETRAD - Artigo publicado em Revista Científica Indexada

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