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What drives unemployment disparities in European regions? A dynamic spatial panel approach
What drives unemployment disparities in European regions? A dynamic spatial panel approach. Regional Studies. This study analyzes unemployment differentials in European regions during the period 2000–11. To that end, a theoretical model with substantive spatial interactions among regions is developed. The solution implies a dynamic-spatial Durbin model specification including regional and institutional-level factors as explanatory variables. In conjunction with dynamic-spatial panel estimates, relative importance metrics are used to quantify the effect of regional disequilibrium, equilibrium and national-level factors. Relative importance analysis suggests that during the pre-crisis period, unemployment disparities were mainly driven by regional-level equilibrium factors. Nevertheless, labour market institutions are of major importance to explain increasing disparities during 2009–11.
What drives unemployment disparities in European regions? A dynamic spatial panel approach
What drives unemployment disparities in European regions? A dynamic spatial panel approach. Regional Studies. This study analyzes unemployment differentials in European regions during the period 2000–11. To that end, a theoretical model with substantive spatial interactions among regions is developed. The solution implies a dynamic-spatial Durbin model specification including regional and institutional-level factors as explanatory variables. In conjunction with dynamic-spatial panel estimates, relative importance metrics are used to quantify the effect of regional disequilibrium, equilibrium and national-level factors. Relative importance analysis suggests that during the pre-crisis period, unemployment disparities were mainly driven by regional-level equilibrium factors. Nevertheless, labour market institutions are of major importance to explain increasing disparities during 2009–11.
What drives unemployment disparities in European regions? A dynamic spatial panel approach
Rios, Vicente (author)
Regional Studies ; 51 ; 1599-1611
2017-11-02
13 pages
Article (Journal)
Electronic Resource
English
dynamic spatial panel , unemployment , European regions , disparities , spatial econometrics , 动态空间面板 , 失业 , 欧洲区域 , 落差 , 空间计量经济学 , panel spatialo-dynamique , chômage , régions européennes , écarts , économétrie spatiale , dynamisches räumliches Panel , Arbeitslosigkeit , europäische Regionen , Disparitäten , räumliche Ökonometrie , panel espacial dinámico , desempleo , regiones europeas , desigualdades , factores econométricos espaciales , C2 , C23 , J
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