2024-03-28T10:00:27Zhttps://uvadoc.uva.es/oai/requestoai:uvadoc.uva.es:10324/323932021-06-23T10:25:04Zcom_10324_1160com_10324_931com_10324_894col_10324_1314
An Empirical Analysis of Natural and Cyclical Unemployment at the Provincial Level in Spain
Cuéllar Martín, Jaime
Martín Román, Ángel Luis
Moral de Blas, Alfonso
Unemployment
Local labour markets
Spatial dependence
Producción Científica
Differences in regional unemployment rates, as well as their formation mechanism and persistence, have given rise to many papers in recent decades. The present work contributes to this strand of literature from two different perspectives. In the first part of our work, we follow the methodological proposal put forward by Hofler and Murphy (1989) and Aysun et al. (2014). We use a stochastic cost frontier to break down actual Spanish provincial unemployment (NUTS-3) into two different estimation components: the first associated with aggregate supply side factors, and the other more related to aggregate demand side factors. The second part of our research analyses the existence of spatial dependence patterns among Spanish provinces in actual unemployment and in the two above-mentioned components. The decomposition carried out in the first part of our research tells us what margin policymakers have when dealing with unemployment reductions by means of aggregate supply and aggregate demand poli- cies. Finally, spatial analysis of unemployment rates in Spanish provinces may also have significant implications from the standpoint of economic policy since we find common formation patterns or clusters of unemployment.
Spanish government projects ECO2014-52343-P CSO2015-69439-R.
2018-10-30T15:29:24Z
2018-10-30T15:29:24Z
2018
info:eu-repo/semantics/article
Applied Spatial Analysis and Policy (2018). First Online
http://uvadoc.uva.es/handle/10324/32393
10.1007/s12061-018-9262-x
eng
https://link.springer.com/article/10.1007/s12061-018-9262-x
Attribution-NonCommercial-NoDerivatives 4.0 International
info:eu-repo/semantics/openAccess
http://creativecommons.org/licenses/by-nc-nd/4.0/
Springer
application/pdf
Springer
https://uvadoc.uva.es/bitstream/10324/32393/6/MPRA_paper_79783.pdf.jpg
Hispana
TEXT
http://creativecommons.org/licenses/by-nc-nd/4.0/
UVaDOC. Repositorio Documental de la Universidad de Valladolid
http://uvadoc.uva.es/handle/10324/32393