The Hiring Function in Local Labour Markets in Britain

Robert Bennett and R R Pinto

Environment and Planning A, 1994, vol. 26, issue 12, 1957-1974

Abstract: The labour market hiring function is estimated in the 104 areas of Training and Enterprise Councils (TECs) and Local Enterprise Companies (LECs) that cover Britain. The model gives good overall fit with a general pattern evidencing constant returns to scale between unemployment and vacancies. Important variations occur between local TEC/LEC areas, particularly for islands, the City of London, suburban commuter areas, and coalfields or other areas suffering steep rises in redundancies. The estimates suggest that there is a linear aggregation between the local and national level. It is also concluded that the present boundaries of TEC/LEC areas should be reviewed, particularly in metropolitan areas, or that government contracts should give a strong emphasis to TECs or LECs working more closely together in these areas.

Date: 1994
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1068/a261957 (text/html)

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:sae:envira:v:26:y:1994:i:12:p:1957-1974

DOI: 10.1068/a261957

Access Statistics for this article

More articles in Environment and Planning A
Bibliographic data for series maintained by SAGE Publications ().