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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/31958
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dc.contributor.authorDow, Sheila Cen_UK
dc.contributor.authorRodriguez-Fuentes, Carlos Jen_UK
dc.date.accessioned2020-11-17T01:00:14Z-
dc.date.available2020-11-17T01:00:14Z-
dc.date.issued2020en_UK
dc.identifier.urihttp://hdl.handle.net/1893/31958-
dc.description.abstractThis paper provides a theoretical account of the role of regional differences in cyclical patterns of credit availability for patterns of regional convergence or divergence. While mainstream theories imply either equalising regional capital flows, or else lower credit availability for peripheral regions due to market imperfections, Post-Keynesian theory of liquidity preference and financial structure imply the scope for greater credit volatility for peripheral regions, especially in downturns, contributing to real economic divergence. This latter account is assessed by means of an empirical analysis of patterns in bank credit over the business cycle among the Spanish regions and Eurozone countries.en_UK
dc.language.isoenen_UK
dc.publisherFapUNIFESP (SciELO)en_UK
dc.relationDow SC & Rodriguez-Fuentes CJ (2020) The role of credit in regional divergence: Spanish regions and Eurozone countries [O papel do crédito na divergência regional: regiões espanholas e países da Zona do Euro]. Brazilian Journal of Political Economy, 40 (4), pp. 712-727. https://doi.org/10.1590/0101-31572020-3051en_UK
dc.rightsThis is an open-access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/).en_UK
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en_UK
dc.subjectCredit procyclicalityen_UK
dc.subjectliquidity preferenceen_UK
dc.subjectPost-Keynesian regional credit theoryen_UK
dc.subjectHuman P. Minskyen_UK
dc.titleThe role of credit in regional divergence: Spanish regions and Eurozone countriesen_UK
dc.title.alternativeO papel do crédito na divergência regional: regiões espanholas e países da Zona do Euroen_UK
dc.typeJournal Articleen_UK
dc.identifier.doi10.1590/0101-31572020-3051en_UK
dc.citation.jtitleBrazilian Journal of Political Economyen_UK
dc.citation.issn1809-4538en_UK
dc.citation.issn0101-3157en_UK
dc.citation.volume40en_UK
dc.citation.issue4en_UK
dc.citation.spage712en_UK
dc.citation.epage727en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusVoR - Version of Recorden_UK
dc.citation.date16/10/2020en_UK
dc.contributor.affiliationEconomicsen_UK
dc.contributor.affiliationUniversity of La Lagunaen_UK
dc.identifier.wtid1681878en_UK
dc.contributor.orcid0000-0001-9969-197Xen_UK
dc.contributor.orcid0000-0002-6831-0588en_UK
dc.date.accepted2020-10-09en_UK
dcterms.dateAccepted2020-10-09en_UK
dc.date.filedepositdate2020-11-16en_UK
rioxxterms.apcnot chargeden_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionVoRen_UK
local.rioxx.authorDow, Sheila C|0000-0001-9969-197Xen_UK
local.rioxx.authorRodriguez-Fuentes, Carlos J|0000-0002-6831-0588en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2020-11-16en_UK
local.rioxx.licencehttp://creativecommons.org/licenses/by/4.0/|2020-11-16|en_UK
local.rioxx.filename1809-4538-rep-40-04-712.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source0101-3157en_UK
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