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    Published on Wednesday, April 3, 2019 | Updated on Wednesday, April 3, 2019

    Spain | Interdependence and regional sensitivity to national and global shocks

    Summary

    This paper quantifies and analyses the interrelationship between the economic activity (GDP) of each Spanish region in response to the variation in economic activity of the remaining regions and to oil price shocks. The regional GVAR model developed offers great potential for many lines of analysis and the monitoring and projection of regional economic activity.

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    Authors

    Rodolfo Méndez-Marcano
    Angie Suárez

    Documents and files


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    Report (PDF)

    RVAR_Observatorio

    Spanish - April 3, 2019

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