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Wages, Employment and Productivity in EU and USA

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Author Info
M.Carmen Guisan ()
M.Teresa Cancelo

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Abstract

We analyse the evolution of regional employment in EU countries, and present some econometric models which relate employment with wages, economic growth and productivity. This study points to the main causes the important regional disparities of wages and rates of employment that exist in EU15 and EU24, as well as the low level of the average rate of employment in comparison with the USA and other areas. Finally we suggest some European policies that should be have into account in order to foster employment and real wages in the less developed regions as well as the average rate of employment of European Union.

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Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa04p460.

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Date of creation: Aug 2004
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Handle: RePEc:wiw:wiwrsa:ersa04p460

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  1. Jan Fagerberg, Bart Verspagen, Marjolein Caniëls, 1997. "Technology, Growth and Unemployment across European Regions," Regional Studies, Taylor and Francis Journals, vol. 31(5), pages 457-466, July. [Downloadable!] (restricted)
  2. Guisan, M.Carmen & Frias, Isidro, 1996. "Economic growth and social welfare in the European regions," Economic Development 9, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics.. [Downloadable!]
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  3. Laurence Nayman & Deniz Unal-Kesenci, 2001. "The French-German Productivity Comparison Revisited: Ten Years after the German Unification," Working Papers 2001-14, CEPII research center. [Downloadable!]
  4. Bertrand Schmitt, 1999. "Economic Geography and Contemporary Rural Dynamics: An Empirical Test on Some French Regions," Regional Studies, Taylor and Francis Journals, vol. 33(8), pages 697-711, November. [Downloadable!] (restricted)
  5. Donald G. Freeman, 2001. "Sources of fluctuations in regional growth," The Annals of Regional Science, Springer, vol. 35(2), pages 249-266. [Downloadable!] (restricted)
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