 Interregional Variations in Cyclical Sensitivity to Unemployment in the U.K., 1949–1964C. P. Harris and Anthony Thirlwall Chapter 11 in Regional Economics, 1970, pp 150-166 from Palgrave Macmillan Abstract: Abstract In an earlier article one of the present writers showed that over the period 1949 to 1964 some administrative regions of the United Kingdom were more cyclically sensitive to unemployment than others. A region’s cyclical sensitivity to unemployment was calculated by regressing the first differences of its rate of unemployment for May of each year (y) on the first differences of the corresponding rate for the U.K. (x). The regression coefficient (b yx ) for each region was taken as its measure of sensitivity. Regions for which b was greater than unity were defined as cyclically sensitive to unemployment, and regions for which b was less than unity were defined as cyclically insensitive. It was noted that the sensitive regions, with one exception, were ones with annual rates of unemployment persistently above the national average, and that the insensitive regions, also with one exception, were ones with annual rates persistently below the national average.1 Keywords: Industrial Structure; Regional Weight; Regional Dispersion; Difference Term; National Weight (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15404-3_12 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-15404-3_12 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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