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Unemployment in European regions: structural problems versus the Eurozone hypothesis
KTH, Skolan för industriell teknik och management (ITM), Industriell ekonomi och organisation (Inst.), Entreprenörskap och Innovation. (INDEK)
KTH, Skolan för industriell teknik och management (ITM), Industriell ekonomi och organisation (Inst.), Entreprenörskap och Innovation. (INDEK)ORCID-id: 0000-0002-9464-213X
2015 (engelsk)Inngår i: Journal of Economic Geography,, ISSN 1468-2702Artikkel i tidsskrift (Fagfellevurdert) Epub ahead of print
Abstract [en]

Unemployment rates differ dramatically across European regions. This article analyses these differences by integrating institutional and spatial perspectives into a unified dynamic framework distinguishing between slow and fast processes of change. The framework forms the basis for an econometric model that is used to analyse labour market differences among European Nomenclature des unités territoriales statistiques 2 regions. The results of random-effects models indicate that four key factors—all of which are of the slowly changing type—explain a large part of the variation in unemployment as well as employment rates. Flexible labour market regulations and above-average levels of interpersonal trust are institutional factors that reduce unemployment. Accessibility factors such as inter-regional transport connectivity and local access to skilled workers have similarly substantial effects. Whether a region belongs to the Eurozone or not seems to be less important.

sted, utgiver, år, opplag, sider
Oxford University Press, 2015.
Emneord [en]
Unemployment, NUTS2 regions, accessibility, institutions, Euro
HSV kategori
Forskningsprogram
Nationalekonomi; Nationalekonomi
Identifikatorer
URN: urn:nbn:se:kth:diva-166802DOI: 10.1093/jeg/lbu058OAI: oai:DiVA.org:kth-166802DiVA, id: diva2:812370
Merknad

QC 20150623

Tilgjengelig fra: 2015-05-18 Laget: 2015-05-18 Sist oppdatert: 2015-06-23bibliografisk kontrollert

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