Specialisation Patterns and the Synchronicity of Regional Employment Cycles in Europe

Ansgar Belke and Jens M. Heine ()
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Jens M. Heine: affiliation not available

No 1439, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper examines the degree of correlation of EU regional employment cycles and attempts to show whether these cycles reflect changing patterns of specialisation. By focusing on the regional level and by employing three different indicators of similarity of sectoral structure, it improves on existing studies. A dynamic panel data model is estimated pairs of regions by within groups, i.e., by a standard fixed effects estimator. Special attention is paid to capture the rich dynamics which are typical of employment data. The key finding is that employment growth is more synchronised when regions look alike in their sectoral structure.

Keywords: synchronicity; regional business cycles; European Union; regional employment; specialisation (search for similar items in EconPapers)
JEL-codes: E32 F15 R23 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2004-12
New Economics Papers: this item is included in nep-bec, nep-eec, nep-geo and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Published - published in: International Economics and Economic Policy, 2006, 3 (2), 91-104

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Related works:
Working Paper: Specialisation Patterns and the Synchronicity of Regional Employment Cycles in Europe (2010)
Journal Article: Specialisation patterns and the synchronicity of regional employment cycles in Europe (2006)
Working Paper: Specialisation Patterns and the Synchronicity of Regional Employment Cycles in Europe (2002)
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