A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Industrial diversity and metropolitan unemployment rate
Abstract The main goal of our study is to evaluate whether or not industrial diversity helps reduce the frictional unemployment rate of a metropolitan area. We used a data set from Japan’s 118 metropolitan areas. Our analysis shows that although industrial diversity might reduce the frictional unemployment rate of a metropolitan area, its effect is not statistically significant in our model. Second, the location quotient for industries, considered to be related to types of unemployment other than frictional, has a stronger impact on unemployment rate than industrial diversity does. In particular, it was found that the location quotients for both the manufacturing and the construction industry have a negative relationship with the unemployment rate of a metropolitan area. We also discovered that the higher the percentage of graduates of post-secondary institutions there are in a metropolitan area, the lower its unemployment rate will be.
Industrial diversity and metropolitan unemployment rate
Abstract The main goal of our study is to evaluate whether or not industrial diversity helps reduce the frictional unemployment rate of a metropolitan area. We used a data set from Japan’s 118 metropolitan areas. Our analysis shows that although industrial diversity might reduce the frictional unemployment rate of a metropolitan area, its effect is not statistically significant in our model. Second, the location quotient for industries, considered to be related to types of unemployment other than frictional, has a stronger impact on unemployment rate than industrial diversity does. In particular, it was found that the location quotients for both the manufacturing and the construction industry have a negative relationship with the unemployment rate of a metropolitan area. We also discovered that the higher the percentage of graduates of post-secondary institutions there are in a metropolitan area, the lower its unemployment rate will be.
Industrial diversity and metropolitan unemployment rate
Mizuno, Keizo (author) / Mizutani, Fumitoshi (author) / Nakayama, Noriyoshi (author)
2006
Article (Journal)
English
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