The development of regional unemployment differentials in Finland in the 1990s
Hannu Tervo
Finnish Economic Papers, 1998, vol. 11, issue 1, 37-49
Abstract:
This paper addresses the issue of regional response to national economic cycles. Two basic alternatives for a region to react to national development are presented. The empirical analysis deals with the unemployment situation in Finland which has undergone rapid changes in the 1990s. The main questions are: Has a significantly different regional pattern of unemployment begun to arise in Finland? Has the dynamics of regional unemployment differentials changed? In analysing regional unemployment differentials, methods based on sequential and recursive estimations are used. The results suggest that unemployment has been more equally shared among regions than in previous recessions. The dynamics seems to have met with changes.
JEL-codes: J64 R11 (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:fep:journl:v:11:y:1998:i:1:p:37-49
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