Okun'S Law In The French Regions: A Cross-Regional Comparison
AbstractThis article tackles one central issue in the regional science literature: the persistence of regional disparities in unemployment within national economies. Our approach is original as Okun's coefficients are estimated for each of the 22 administrative French regions over the period 1990-2008, taking into account cross-regional disparities in a panel data specification. Estimates show that the coefficients exhibit regional differences. Indeed, Okun's law is confirmed in fourteen regions, although it does not hold in the other eight regions. Finally, region-specific factors that explain the results that are not significant are identified, and policies to reduce unemployment in French regions are examined.
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Bibliographic InfoPaper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00812549.
Date of creation: 21 Feb 2013
Date of revision:
Publication status: Published, Economics Bulletin, 2013, 33, 1, 420-33
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Okun's law; panel data; French regions; spatial heterogeneity;
Other versions of this item:
- Binet Marie-estelle & Francois Facchini, 2013. "Okun's law in the french regions: a cross-regional comparison," Economics Bulletin, AccessEcon, vol. 33(1), pages 420-433.
- Marie-Estelle Binet & François Facchini, 2012. "Okun’S Law In The French Regions: A Cross-Regional Comparison," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201222, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-04-27 (All new papers)
- NEP-GEO-2013-04-27 (Economic Geography)
- NEP-URE-2013-04-27 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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