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Employment Intensity of Growth in Italy A Note Using Regional Data

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Author Info
Cristiano Perugini

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Abstract

The aim of this paper is to provide a measure of the relationship between employment and output growth in Italy and to illustrate its dynamics across a relatively extended time-span (1970-2004). Given the well-known and persisting regional differences of labour market performance and dynamics in Italy, our analytical approach favours the exploitation of spatially disaggregated information, employing regional (NUTS 2) data. The availability of industry composition of employment and value added also allows light to be shed on sector employment intensity of output growth, and the estimation of sector elasticity to GDP describes structural change. The empirical analysis supplies quantitative information about the evolution of employment elasticity during the period considered, clearly depicting the well-known period of job-rich growth (observed since the mid-1990s), after a period of jobless growth. The outcomes also show how regional levels of analysis, together with industry breakdown, may provide very useful information, especially on policy grounds and the desirability of the extension of the study to European level.

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Paper provided by Università di Perugia, Dipartimento Economia, Finanza e Statistica in its series Quaderni del Dipartimento di Economia, Finanza e Statistica with number 55/2008.

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Length: 30 pages
Date of creation: 21 Apr 2008
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Handle: RePEc:pia:wpaper:55/2008

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Related research
Keywords: employment elasticity; growth; productivity; regions;

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Find related papers by JEL classification:
E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
R23 - Urban, Rural, and Regional Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

References listed on IDEAS
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.:

  1. Nicholas Apergis & Anthony Rezitis, 2003. "An examination of Okun's law: evidence from regional areas in Greece," Applied Economics, Taylor and Francis Journals, vol. 35(10), pages 1147-1151, January. [Downloadable!] (restricted)
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    Other versions:
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    Other versions:
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  13. Sogner, Leopold & Stiassny, Alfred, 2002. "An Analysis on the Structural Stability of Okun's Law--A Cross-Country Study," Applied Economics, Taylor and Francis Journals, vol. 34(14), pages 1775-87, September. [Downloadable!] (restricted)
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  17. Cristiano Perugini, 2008. "Employment Intensity of Growth in Italy A Note Using Regional Data," Quaderni del Dipartimento di Economia, Finanza e Statistica 55/2008, Università di Perugia, Dipartimento Economia, Finanza e Statistica. [Downloadable!]
    Other versions:
  18. Daniel S. Hamermesh & Gerard A. Pfann, 1996. "Adjustment Costs in Factor Demand," Journal of Economic Literature, American Economic Association, vol. 34(3), pages 1264-1292, September. [Downloadable!] (restricted)
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  19. Pehkonen, Jaakko, 2000. "Employment, Unemployment and Output Growth in Booms and Recessions: Time Series Evidence from Finland, 1970-1996," Applied Economics, Taylor and Francis Journals, vol. 32(7), pages 885-900, June. [Downloadable!] (restricted)
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(explanations, 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.)

  1. PERUGINI, Cristiano, 2009. "Employment Intensity Of Growth In Italy. A Note Using Regional Data," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 9(1). [Downloadable!] (restricted)
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