Trends and Cycles in Australian State and Territory Unemployment Rates

Robert Dixon and David Shepherd

No 730, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: This paper has as its subject matter the behaviour of state unemployment rates over time. Arguments are presented which suggest that the common approach which entails regressing state or regional rate of unemployment on the national rate is not likely to yield much useful knowledge. As a positive contribution to the literature, this paper focuses on two things: first, the behaviour over time in the dispersion of state unemployment rates and their relationship with the business cycle and; second, tests for the presence of common trends and/or common cycles in the state unemployment rates. The results suggest that there is a case which can be made for regional policy in Australia.

Keywords: REGIONAL DEVELOPMENT; UNEMPLOYMENT; BUSINESS CYCLES (search for similar items in EconPapers)
JEL-codes: E32 J64 R23 (search for similar items in EconPapers)
Pages: 58 pages
Date: 2000
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Citations: View citations in EconPapers (20)

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Journal Article: Trends and Cycles in Australian State and Territory Unemployment Rates (2001)
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