Modelling Regional Labour Market Adjustment in New Zealand

Arbeitspapier

This paper adopts a vector autoregressive (VAR) approach to analyse the labour market adjustment mechanisms for 12 New Zealand regions over the period 1985 to 2001. It examines the effects of a region-specific shock to employment on itself, the unemployment rate, the participation rate, and the wage rate. The role of migration as a channel of regional labour market adjustment is also inferred. We find that adjustment occurs predominantly through inter-regional migration although the unemployment and participation rates also play a role. Wages, on the other hand, account for very little adjustment. The importance of inter-regional migration in New Zealand matches the results found in Sweden, but stands in contrast to the picture in many European countries. Migration appears to be a more dominant adjustment channel compared to the US and Australian cases. However, this has to be placed into context – New Zealand regions are much smaller in terms of population size.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: New Zealand Treasury Working Paper ; No. 02/01

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics ; Geographic Labor Mobility; Immigrant Workers
• Thema: Regional labour market adjustment ; Internal migration

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Choy, Wai Kin ; Mare, David C ; Mawson, Peter
• Ereignis: Veröffentlichung
• (wer): New Zealand Government, The Treasury
• (wo): Wellington
• (wann): 2002

Weitere Informationen

• Handle: http://hdl.handle.net/10419/205476
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ