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Social Sciences x International Trade x Economic Development and Growth x Econometric and Statistical Methods and Methodology: General x clear all

Specialization and risk sharing in European regions

Roberto Basile and Alessandro Girardi.

in Journal of Economic Geography

September 2010; p ublished online September 2009 .

Journal Article. Subjects: Econometric and Statistical Methods and Methodology: General; International Trade; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Growth and Aggregate Productivity; Multiple or Simultaneous Equation Models; Multiple Variables. 6165 words.

Economic theory emphasizes that risk sharing makes it possible to exploit benefits from comparative advantages and economies of scale. Unlike previous studies we test (and reject) the...

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