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A note on the morphology of regional unemployment in Greece

Author

Listed:
  • Stilianos Alexiadis

    () (Department of Agricultural Policy and Documentation, Ministry of Rural Development and Foods, Greece)

  • Konstantinos Eleftheriou

    () (Department of Economics, University of Piraeus, Greece)

Abstract

A variation of an Error-Correction-Model is applied across the regions of Greece to examine the behaviour of regional unemployment. Allowing for multiple equilibria, this variation is able to pinpoint regional groupings with similar tendencies in the evolution of unemployment. The results have important implications for the direction of regional policies in Greece.

Suggested Citation

  • Stilianos Alexiadis & Konstantinos Eleftheriou, 2010. "A note on the morphology of regional unemployment in Greece," Economics Bulletin, AccessEcon, vol. 30(4), pages 2779-2786.
  • Handle: RePEc:ebl:ecbull:eb-10-00491
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I4-P256.pdf
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    References listed on IDEAS

    as
    1. Jesus Lopez-Rodriguez & Andres FaiƱa, 2009. "Regional Policy and Convergence in Europe: The Case of Backward Regions," Economics Bulletin, AccessEcon, vol. 29(2), pages 1046-1053.
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    More about this item

    Keywords

    Error-correction-model; Greece; regional unemployment; time-series;

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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