Regional Labour Market Dynamics, Housing and Migration
AbstractThe aim of this study is to explore the dynamics of regional labour markets in terms of migration flows. In particular, the study explores the impact of labour markets and housing markets on migration. The internal and the external re-organisations of regional labour markets are shown to be related. An increase in internal turnover within establishments in regional labour markets is found to increase net-migration. This effect arises mainly from a reduction in out-migration. Housing markets constitute binding constraints for migration flows through housing prices and the share of owner-occupancy housing. The results imply that an increase in regional housing prices and a large share of owner-occupancy housing discourages net-migration to a region by reducing inmigration. The out-migration rate remains largely unaffected by housing markets.
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Bibliographic InfoPaper provided by Government Institute for Economic Research Finland (VATT) in its series Discussion Papers with number 284.
Date of creation: 28 Oct 2002
Date of revision:
Other versions of this item:
- Kari Hämäläinen & Petri Böckerman, 2004. "Regional Labor Market Dynamics, Housing, and Migration," Journal of Regional Science, Wiley Blackwell, vol. 44(3), pages 543-568.
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
- C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
- J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
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