Economics at your fingertips  

The relationship between output and unemployment: Evidence from Greek regions

Dimitris Christopoulos ()

Economics of Governance, 2004, vol. 83, issue 3, 611-620

Abstract: This research note investigates the relationship between output and unemployment in Greece at a regional level through the implementation of Okuns’s law. Current practice is primarily restricted to the national level, and thus ignores the regional dimension of this relationship. To this end, we apply modern unit root test and cointegration techniques based on panel data settings. Using panel data is necessary because typical spans of economic time series are short, so the entire panel must be exploited in order to draw sharper inferences. The empirical results reveal that Okun’s law can be confirmed for six out of the 13 regions we examine. Copyright Springer-Verlag Berlin/Heidelberg 2004

Keywords: Unemployment; growth; panel data; cointegration (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (36) Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
Journal Article: The relationship between output and unemployment: Evidence from Greek regions (2004)
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:

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10101/PS2

Access Statistics for this article

Economics of Governance is currently edited by Amihai Glazer and Marko Koethenbuerger

More articles in Economics of Governance from Springer
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-08-10
Handle: RePEc:spr:ecogov:v:83:y:2004:i:3:p:611-620