Unemployment Rates At the Regional and National Levels of the European Union: An Integrated Analysis
AbstractThis study investigates the causes of variation in regional unemployment rates in a cross-country perspective. The explanatory variables consist of both regional-level and macro-level variables. An appropriate econometric model of random coefficients for the former and fixed coefficients for the latter variables is developed, further taking into account that observations may be correlated over time and over space and that some of the explanatory variables are not strictly exogenous. On the basis of this model a regional unemployment rate equation is estimated, using data of 143 regions across 11 EU countries derived from Eurostat, 1983-1997, and national data on labour market institutions predominantly derived from the OECD.
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Bibliographic InfoPaper provided by European Regional Science Association in its series ERSA conference papers with number ersa06p73.
Date of creation: Aug 2006
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-01-14 (All new papers)
- NEP-EEC-2007-01-14 (European Economics)
- NEP-GEO-2007-01-14 (Economic Geography)
- NEP-LAB-2007-01-14 (Labour Economics)
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