EconPapers    
Economics at your fingertips  
 

The view from a lucky country: explaining the localised unemployment impacts of the Great Recession in Canada

Jean Dubé and Mario Polèse

Cambridge Journal of Regions, Economy and Society, 2016, vol. 9, issue 1, 235-253

Abstract: The article assesses the impact of the Great Recession on 83 Canadian regions, focussing on the unemployment rate as principal indicator. A dual empirical approach is used: examination of regional unemployment rate variations before, during and after the recession using a labour supply and demand framework; examination of the determinants of regional variations via a spatial econometric model. The findings reveal that Canadian labour markets reacted on the whole as expected to the Great Recession, labour supply adjusting to falling labour demand, thus keeping (rising) unemployment rates in check, although rarely completely. Small, rural regions were often most responsive. The primary determinant of regional variations in unemployment rates was found to be variations in neighbouring regions suggesting highly localised impacts.

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1093/cjres/rsv025 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:cjrecs:v:9:y:2016:i:1:p:235-253.

Ordering information: This journal article can be ordered from
http://www.oup.co.uk/journals

Access Statistics for this article

Cambridge Journal of Regions, Economy and Society is currently edited by Susan Christopherson, Betsy Donald, Harry Garretsen, Meric Gertler, Amy Glasmeier, Mia Gray, Michael Kitson, Linda Lobao, Ron Martin, Linda McDowell, Jonathan Michie and Peter Tyler

More articles in Cambridge Journal of Regions, Economy and Society from Cambridge Political Economy Society Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2020-10-15
Handle: RePEc:oup:cjrecs:v:9:y:2016:i:1:p:235-253.