Diferencias regionales en la relación de Okunnueva evidencia para España (1980-2015)

  1. Bande Ramudo, Roberto 1
  2. Martín Román, Ángel 2
  1. 1 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

  2. 2 Universidad de Valladolid
    info

    Universidad de Valladolid

    Valladolid, España

    ROR https://ror.org/01fvbaw18

Revista:
Investigaciones Regionales = Journal of Regional Research

ISSN: 1695-7253,  2340-2717

Año de publicación: 2018

Número: 41

Páginas: 137-165

Tipo: Artículo

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Otras publicaciones en: Investigaciones Regionales = Journal of Regional Research

Resumen

Este trabajo proporciona nueva evidencia empírica acerca de la relación entre la tasa de desempleo y el crecimiento de la producción a nivel regional. La versión de «brechas», con el crecimiento del output en la parte izquierda de la ecuación, es nuestro modelo de referencia. En nuestras estimaciones observamos que todos los coeficientes son significativos y presentan el esperado signo negativo, identificándose importantes diferencias regionales en la relación de Okun, tanto a corto como a largo plazo. Los resultados son robustos a los dos tipos de especificación de las brechas empleados: el filtro Hodrick-Prescott y la tendencia cuadrática. En la parte final del trabajo, también encontramos que los estimadores MCO y MGM para modelos de datos de panel presentan un patrón similar, y que existe una clara asimetría en la relación de Okun entre las fases expansivas y recesivas del ciclo económico español.

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Información de financiación

The first author acknowledges financial support from Xunta de Galicia, Grant ED431C 2017/44. The second author was partially supported by the Spanish Ministry of Economy and Competitiveness under project ECO2017-82227-P.

Financiadores

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