EMPLOYMENT, PRODUCTIVITY AND WAGES IN EUROPEAN REGIONS: ECONOMETRIC MODEL OF 96 NUTS-1 IN YEAR 2010

Maria-Carmen Guisan and Maria Emilia Vázquez Rozas

Applied Econometrics and International Development, 2013, vol. 13, issue 1

Abstract: We present an analysis of the evolution of employment, productivity and wages in European regions. We estimate an econometric model for the rate of employment and real gross wage with a cross-section of 96 EU27 Regions at NUTS-1 level. We find stagnation in the average evolution of EU and strong inequalities in economic development at regional level. Our conclusions call to improve the EU economic policies in order to foster economic development and to increase productivity, employment rates and real wages particularly in the regions and countries with the lowest levels.

Keywords: Econometric Models of Employment and Wages; Productivity; European Economy; Regional Development; Comparison of European Union and the USA. (search for similar items in EconPapers)
JEL-codes: E6 F0 I2 O1 O50 O52 O57 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eaa:aeinde:v:13:y:2013:i:1_3

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