Regional unemployment in the EU before and after the global crisis
Enrico Marelli,
Roberto Patuelli () and
Marcello Signorelli
Post-Communist Economies, 2012, vol. 24, issue 2, 155-175
Abstract:
This article empirically assesses the evolution of European regions in terms of both employment and unemployment during the recent financial crisis and global recession. Our specific research questions are as follows: (i) has there been a reversal in employment and unemployment dynamics at a regional level during the crisis (2007--10) compared with the previous period (2004--07)? (ii) have the western regions (‘old’ EU states) behaved differently in response to the crisis compared with the eastern regions (NMS)? Finally, (iii) are the differences between the two groups of regions related to structural or institutional variables? After a review of the literature on the key determinants of regional unemployment, we summarise our main findings concerning the impact of the global crisis on the labour market. Our econometric investigation aims to answer the questions we pose. Structural characteristics are considered in terms of sector specialisation of regional economies. In addition, we consider certain institutional characteristics, by including indicators of the share of temporary workers and of long-term unemployed. Our analysis is then targeted at sub-samples of western and eastern European regions: we show that the critical factors for labour market performance during the crisis in these two groups differ greatly. From a methodological viewpoint, we exploit a spatial filtering technique which allowed us to greatly reduce any unobserved variable bias -- a significant problem in cross-sectional models -- by accounting for latent unobserved spatial patterns.
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (42)
Downloads: (external link)
http://hdl.handle.net/10.1080/14631377.2012.675153 (text/html)
Access to full text is restricted to subscribers.
Related works:
Working Paper: Regional Unemployment in the EU before and after the Global Crisis (2012) 
Working Paper: Regional Unemployment in the EU before and after the Global Crisis (2011) 
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:taf:pocoec:v:24:y:2012:i:2:p:155-175
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CPCE20
DOI: 10.1080/14631377.2012.675153
Access Statistics for this article
Post-Communist Economies is currently edited by Roger Clarke
More articles in Post-Communist Economies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().