Exploring dynamics between the socioeconomic sectors from north of Portugal and Galicia
DATE:
2020
UNIVERSAL IDENTIFIER: http://hdl.handle.net/11093/7283
EDITED VERSION: https://rsijournal.eu/?p=3593
DOCUMENT TYPE: article
ABSTRACT
Cultural and institutional differences could difficult to strengthen the relationships between regions from diverse countries. This situation is a little true for the cooperation among the North of Portugal and Galicia, but present and recent past show that there is promising news for the future. In this scenario, the main objective of this work is to identify the dynamics between the economic sectors of these two regions, stressing the advantages from a closer cooperation. To achieve these objectives, data from the Eurostat for the Portuguese and Spanish NUTS 3 were considered. These data were explored through panel data models from the Keynesian and Neoclassical models, allowing for spatial effects. The main findings stress that there are interesting catching-up effects between the North of Portugal and Galicia that could be explored deeper, namely between the manufacturing industry.