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Labor Market Structure, Foreign Trade Competitiveness and Economic Growth in Eurozone

In: Managing Structural Changes - Trends and Requirements

Author

Listed:
  • Meriem Djennas

    (University of Amiens, Faculty of Economics)

  • Mohamed Benbouziane

    (University of Tlemcen, Faculty of Economics)

  • Mustapha Djennas

    (University of Tlemcen, Faculty of Economics)

Abstract

This chapter presents an empirical analysis of labor market structure and its relationship with foreign trade and economic growth. The labor market structure is measured by a set of diversification indexes inspired from the most important economic diversity indexes used in the literature. On the other hand, the relationship between foreign trade competitiveness and economic growth is evaluated by a Hodrick-Prescott filter for economic cycle’s identification. The results show that the labor market structure and foreign trade competitiveness levels among Eurozone countries are still divergent, and that some Eurozone economies remain in some stationary concentrated state in terms of economic diversity.

Suggested Citation

  • Meriem Djennas & Mohamed Benbouziane & Mustapha Djennas, 2012. "Labor Market Structure, Foreign Trade Competitiveness and Economic Growth in Eurozone," Book Chapters, in: João Sousa Andrade & Marta C. N. Simões & Ivan Stosic & Dejan Eric & Hasan Hanic (ed.), Managing Structural Changes - Trends and Requirements, edition 1, volume 1, chapter 26, pages 471-487, Institute of Economic Sciences.
    • Handle: RePEc:ibg:chaptr:msc-26
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    References listed on IDEAS

    as
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    3. Hodrick, Robert J & Prescott, Edward C, 1997. "Postwar U.S. Business Cycles: An Empirical Investigation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 29(1), pages 1-16, February.
    4. Amin Gutierrez de Pineres, Sheila & Ferrantino, Michael, 1997. "Export diversification and structural dynamics in the growth process: The case of Chile," Journal of Development Economics, Elsevier, vol. 52(2), pages 375-391, April.
    5. Albert Marcet & Morte O. Ravn, "undated". "The HP-Filter in Cross-Country Comparisons," Studies on the Spanish Economy 100, FEDEA.
    6. Agosin, Manuel R., 2008. "Export diversification and growth in emerging economies," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    7. Glenn E. McLaughlin, 1930. "Industrial Diversification in American Cities," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 45(1), pages 131-149.
    8. William F. Maloney & Daniel Lederman, 2008. "In search of the Missing Resource Curse," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Fall 2008), pages 1-57, August.
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    Cited by:

    1. Catalina Motofei, 2017. "Foreign Trade Evolutions in the European Union," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(2), pages 156-163, April.

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