Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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    Modelling regional labour market dynamics in space and time
    Halleck Vega, Sol Maria ; Elhorst, J.P. - \ 2014
    Papers in Regional Science 93 (2014)4. - ISSN 1056-8190 - p. 819 - 841.
    regional labour markets - dynamic spatial panel models - spillover effects
    This paper extends the seminal Blanchard and Katz regional market model include interaction effects using a dynamic spatial panel data approach. Three key contributions of this extended model are: (i) the unrealistic assumption that regions are independent of on another no longer has to be made, (ii) the magnitude and significance of so-called spillover effects can be empirically assessed, and (iii) both the temporal and spatial propagation of labo demand shocks can be investigated. Using annual data from 1986-2010 for 112 regions acro eight EU countries, both the non-spatial and spatial models are estimated. It is found that the majority of the spillover effects are highly significant. Consistent with economic theory, the impact of a region-specific demand shock is largest in the region where the shock instigate. The shock also propagates to other regions, especially impacting the first and second-ord neighbours.
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