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Employment in Spanish regions: cost-control or growth-enhancing policies?

The Annals of regional science, 2019-06, Vol.62 (3), p.601-635 [Peer Reviewed Journal]

Springer-Verlag GmbH Germany, part of Springer Nature 2019 ;The Annals of Regional Science is a copyright of Springer, (2019). All Rights Reserved. ;ISSN: 0570-1864 ;EISSN: 1432-0592 ;DOI: 10.1007/s00168-019-00909-y

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Title:
Employment in Spanish regions: cost-control or growth-enhancing policies?
Author: Bande, Roberto ; Karanassou, Marika ; Sala, Héctor
Subjects: Accumulation ; Capital ; Cost control ; Economic reform ; Economics ; Economics and Finance ; Employment ; Environmental Economics ; Geography ; Innovations ; Labor market ; Landscape/Regional and Urban Planning ; Markets ; Microeconomics ; Original Paper ; Policies ; Regional development ; Regional planning ; Regional variations ; Regional/Spatial Science ; Unemployment
Is Part Of: The Annals of regional science, 2019-06, Vol.62 (3), p.601-635
Description: The sets of relatively high and low unemployment regions have not changed in decades. Since generic labour market reforms have been fruitless on this respect, we explore whether such groups of regions react differently to key drivers of employment and wage setting. We find that while the more developed regions respond to labour share and investment innovations, employment in the more lagging regions is mainly led by capital accumulation. Our results give support to a place-based strategy of regional development, call for more region-specific policies and discard standard labour market reforms as a unique tool to manage the unemployment rate problem.
Publisher: Berlin/Heidelberg: Springer Berlin Heidelberg
Language: English
Identifier: ISSN: 0570-1864
EISSN: 1432-0592
DOI: 10.1007/s00168-019-00909-y
Source: AUTh Library subscriptions: ProQuest Central

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Employment in Spanish regions: cost-control or growth-enhancing policies?

Springer-Verlag GmbH Germany, part of Springer Nature 2019 ;The Annals of Regional Science is a copyright of Springer, (2019). All Rights Reserved. ;ISSN: 0570-1864 ;EISSN: 1432-0592 ;DOI: 10.1007/s00168-019-00909-y

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