86127 20191128095708.0 doi 10.1016/j.econmod.2018.11.009 sideral 109547 ART-2018-109547 eng (orcid)0000-0001-6609-4247 Gadea-Rivas, M.D. Universidad de Zaragoza Increasing linkages among European regions. The role of sectoral composition 2018 Access copy available to the general public Unrestricted This paper analyses changes in economic regional interlinkages in Europe over time and investigates the factors that could explain the dynamics of these changes. Our four main findings are the following: (i) we detect a significant surge in regional synchronisation after the Great Recession; (ii) we identify the regions most interrelated with the rest of Europe, namely, Ile de France, Inner London and Lombardia; (iii) we find that sectoral composition explains regional synchronisation in Europe, mainly after the Great Recession and (iv) we document that sectoral composition has important implications for aggregate economic fluctuations, in particular, that similarities in services-related sectors across regions explain a nonlinear relationship between sectoral composition and regional business cycle synchronisation. We also propose a new method to measure time-varying synchronisation in small samples that combines regime-switching models and dynamic model averaging. info:eu-repo/grantAgreement/ES/MICINN/ECO2017-83255-C3-1-P info:eu-repo/grantAgreement/ES/MICINN/ECO2017-83255-C3-3-P info:eu-repo/semantics/openAccess by-nc-nd http://creativecommons.org/licenses/by-nc-nd/3.0/es/ 2.056 2018 ECONOMICS 93 / 363 = 0.256 2018 Q2 T1 1.039 2018 Economics and Econometrics 2018 Q2 info:eu-repo/semantics/article info:eu-repo/semantics/acceptedVersion Gómez-Loscos, A. Leiva-Leon, D. 4008 225 Universidad de Zaragoza Dpto. Estruc.Hª Econ.y Eco.Pb. Área Economía Aplicada 80 (2018), 222-243 Econ. model. ECONOMIC MODELLING 0264-9993 2993050 http://zaguan.unizar.es/record/86127/files/texto_completo.pdf Postprint 34740 http://zaguan.unizar.es/record/86127/files/texto_completo.jpg?subformat=icon icon Postprint oai:zaguan.unizar.es:86127 articulos driver 2019-11-22-14:40:59 ARTICLE