97278 20210902121847.0 doi 10.1007/s00181-019-01743-z sideral 121192 ART-2020-121192 eng Gómez-Loscos, A. Business cycle patterns in European regions 2020 Access copy available to the general public Unrestricted The aim of this paper is threefold. First, we analyze the comovements of business cycles in European regions. Second, we date these business cycles and identify clusters of regions with similar business cycle behavior, using Finite Mixture Markov models. Third, we develop a new index to measure within-country homogeneity. We find that comovement among regions is, on average, quite low, although it increased during the convergence process prior to the euro cash and after the onset of the Great Recession. We identify five different groups of European regions. We also find heterogeneity in the size of border effects. info:eu-repo/semantics/openAccess All rights reserved http://www.europeana.eu/rights/rr-f/ 1.713 2020 SOCIAL SCIENCES, MATHEMATICAL METHODS 36 / 52 = 0.692 2020 Q3 T3 ECONOMICS 217 / 376 = 0.577 2020 Q3 T2 0.604 2020 Economics and Econometrics 2020 Q1 Statistics and Probability 2020 Q1 Social Sciences (miscellaneous) 2020 Q1 Mathematics (miscellaneous) 2020 Q1 info:eu-repo/semantics/article info:eu-repo/semantics/acceptedVersion Gadea, M.D. Universidad de Zaragoza (orcid)0000-0001-6609-4247 Bandres, E. Universidad de Zaragoza (orcid)0000-0002-8996-1750 4008 225 Universidad de Zaragoza Dpto. Estruc.Hª Econ.y Eco.Pb. Área Economía Aplicada 59, 6 (2020), 2639-2661 Empir. econ. Empirical Economics 0377-7332 1489485 http://zaguan.unizar.es/record/97278/files/texto_completo.pdf Postprint 231645 http://zaguan.unizar.es/record/97278/files/texto_completo.jpg?subformat=icon icon Postprint oai:zaguan.unizar.es:97278 articulos driver 2021-09-02-10:27:31 ARTICLE