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A note on the morphology of regional unemployment in Greece

Author

Listed:
  • Stilianos Alexiadis

    (Department of Agricultural Policy and Documentation, Ministry of Rural Development and Foods, Greece)

  • Konstantinos Eleftheriou

    (Department of Economics, University of Piraeus, Greece)

Abstract

A variation of an Error-Correction-Model is applied across the regions of Greece to examine the behaviour of regional unemployment. Allowing for multiple equilibria, this variation is able to pinpoint regional groupings with similar tendencies in the evolution of unemployment. The results have important implications for the direction of regional policies in Greece.

Suggested Citation

  • Stilianos Alexiadis & Konstantinos Eleftheriou, 2010. "A note on the morphology of regional unemployment in Greece," Economics Bulletin, AccessEcon, vol. 30(4), pages 2779-2786.
    • Handle: RePEc:ebl:ecbull:eb-10-00491
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    File URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I4-P256.pdf
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    References listed on IDEAS

    as
    1. Jesus Lopez-Rodriguez & Andres Faiña, 2009. "Regional Policy and Convergence in Europe: The Case of Backward Regions," Economics Bulletin, AccessEcon, vol. 29(2), pages 1046-1053.
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    Cited by:

    1. Stilianos Alexiadis & Konstantinos Eleftheriou & Peter Nijkamp, 2013. "Do Income Disparities dissipate across the US States? Experimenting with a Vector Error Correction Model," Tinbergen Institute Discussion Papers 13-165/VIII, Tinbergen Institute.

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      More about this item

      Keywords

      Error-correction-model; Greece; regional unemployment; time-series;
      All these keywords.

      JEL classification:

      • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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