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Unemployment disparities and persistence Assessing the evidence from Greek regions, 1981-2008

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  • Sarantis LOLOS
  • Evangelia PAPAPETROU

Abstract

This paper brings fresh empirical evidence on the factors responsible for the existence of regional unemployment disparities and unemployment persistence, the case of Greece (1981-2008) been taken as an example. The GMM methodology used in the study enables us to test for the existence of deterministic factors of regional unemployment and to account for spatial unemployment interactions. The empirical results of the dynamic model we used, point to the existence of significant spillover among regional labour markets that are responsible for the asymmetric and persisting behaviour of regional unemployment in Greece. Our results leave great scope for European regional policy to operate for the reduction of regional unemployment.

Suggested Citation

  • Sarantis LOLOS & Evangelia PAPAPETROU, 2012. "Unemployment disparities and persistence Assessing the evidence from Greek regions, 1981-2008," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 12(1), pages 69-90.
  • Handle: RePEc:eaa:eerese:v:12:y2012:i:1_5
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    References listed on IDEAS

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    Cited by:

    1. repec:rjr:romjef:v::y:2017:i:2:p:94-108 is not listed on IDEAS
    2. Bakas, Dimitrios & Papapetrou, Evangelia, 2014. "Unemployment in Greece: Evidence from Greek regions using panel unit root tests," The Quarterly Review of Economics and Finance, Elsevier, vol. 54(4), pages 551-562.

    More about this item

    Keywords

    Regional unemployment; spatial spillovers; Greece;

    JEL classification:

    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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