Specialisation Patterns and the Synchronicity of Regional Employment Cycles in Europe

Arbeitspapier

This paper examines the degree of correlation of EU regional employment cycles and attempts to show whether these cycles reflect changing patterns of specialisation. By focusing on the regional level and by employing three different indicators of similarity of sectoral structure, it improves on existing studies. A dynamic panel data model is estimated pairs of regions by within groups, i.e., by a standard fixed effects estimator. Special attention is paid to capture the rich dynamics which are typical of employment data. The key finding is that employment growth is more synchronised when regions look alike in their sectoral structure.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 1439

Classification and Topics

• Classification: Wirtschaft ; Business Fluctuations; Cycles ; Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics ; Economic Integration
• Subject: regional employment ; European Union ; regional business cycles ; specialisation ; synchronicity ; Regionaler Arbeitsmarkt ; Regionaler Konjunkturzyklus ; Regionale Arbeitsteilung ; Regionale Konzentration ; Europäische Wirtschafts- und Währungsunion ; Schätzung ; Belgien ; Frankreich ; Deutschland ; Irland ; Niederlande ; Spanien

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Belke, Ansgar ; Heine, Jens Michael
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2004

Further information

• Handle: http://hdl.handle.net/10419/20738
• Last update: 10.03.2025, 11:44 AM CET