S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology KTH/CESIS Working Paper Series in Economics and Institutions of Innovation

No 355:
Unemployment in European Regions: Structural Problems vs. the Eurozone Hypothesis

Åke E. Andersson (), David Emanuel Andersson (), Björn Hårsman () and Zara Daghbashyan ()

Abstract: Unemployment rates differ dramatically across European regions. This paper analyses these differences by integrating institutional and spatial perspectives into a unified theoretical framework. An econometric model is then used to analyse differences among European NUTS2 regions. The results of random-effects models indicate that there are four key factors that explain regional unemployment 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.

Keywords: unemployment; Euro; institutions; accessibility; (follow links to similar papers)

JEL-Codes: R10; R15; R23; R28; (follow links to similar papers)

37 pages, March 26, 2014

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Full text versions of the paper:

cesiswp355.pdf    PDF-file
Download Statistics
This paper is published as:
Andersson, Åke E., David Emanuel Andersson, Björn Hårsman and Zara Daghbashyan, (2015), 'Unemployment in European Regions: Structural Problems vs. the Eurozone Hypothesis', Journal of Economic Geography, January



Questions (including download problems) about the papers in this series should be directed to Vardan Hovsepyan ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:cesisp:0355 This page was generated on 2015-02-02 14:13:15