WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

Permanent URI for this collectionhttps://hdl.handle.net/11147/7150

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Access Right: Open AccessAuthor: search.filters.author.Magrini, Stefano

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  • Article
    Citation - WoS: 22
    Citation - Scopus: 26
    Regional Convergence and Aggregate Business Cycle in the United States
    (Routledge, 2015) Magrini, Stefano; Gerolimetto, Margherita; Duran, Hasan Engin
    Magrini S., Gerolimetto M. and Engin Duran H. Regional convergence and aggregate business cycle in the United States, Regional Studies. The existing literature on convergence largely ignores the effect of aggregate fluctuations on the evolution of income disparities. However, if regional disparities follow a distinct cyclical pattern in the short run, the period of analysis should be chosen with great care to avoid distortions in the results. By analysing convergence among forty-eight conterminous US states through the distribution dynamics approach, it is shown that these distortions could be quite sizeable. Moreover, when convergence is analysed over an appropriate period that includes only complete cycles (1989–2007), results show that regional disparities exhibit a pro-cyclical behaviour and that the underlying long-run tendency is towards divergence. © 2013, © 2013 Regional Studies Association.
  • Article
    Citation - WoS: 10
    Citation - Scopus: 14
    Business Cycle Dynamics Across the Us States
    (Walter de Gruyter GmbH, 2013) Magrini, Stefano; Gerolimetto, Margherita; Duran, Hasan Engin
    The analysis of synchronization among regional or national business cycles has recently been attracting a growing interest within the economic literature. Far less attention has instead been devoted to a closely related issue: given a certain level of synchronization, some economies might be systematically ahead of others along the swings of the business cycle. We analyze this issue within a system of economies and show that leading (or lagging behind) is a feature that does not occur at random across the economies. In addition, we investigate the economic drivers that could explain this behavior. To do so, we employ data for 48 conterminous US states between 1990 and 2009. © 2013 by Walter de Gruyter Berlin Boston.