Employment Intensity of Economic Growth in Southern Europe: Evidence from Multidimensional Panel Data

IF 0.4 Q4 ECONOMICS

Croatian Economic Survey Pub Date : 2023-06-26 DOI:10.15179/ces.25.1.1

Selda Görkey, Aslı Taşbaşı

引用次数: 0

Abstract

This paper examines the employment intensity of economic growth in Southern Europe during the so-called “post-crisis” recovery years. A labor demand estimation model based on multidimensional panel data from 2010 to 2019 was utilized. Findings from our macroeconomic analysis of eight different industries refute the predictions of neoclassical labor theory in the region. The results further indicate the presence of jobless growth in the areas of overall employment, fulltime employment, and overall employees. They also signal that economic growth may have created job opportunities in part-time and youth employment, and among temporary employees, rather than full-time jobs. The paper links these findings to particular characteristics of the regional labor market, discusses their implications for understanding unemployment and formulates recommendations for future policy.

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南欧经济增长的就业强度:来自多维面板数据的证据

本文考察了所谓“后危机”复苏时期南欧经济增长的就业强度。使用了基于2010-2019年多维面板数据的劳动力需求估计模型。我们对八个不同行业的宏观经济分析结果驳斥了该地区新古典劳动理论的预测。结果进一步表明，在整体就业、全职就业和整体雇员领域存在失业增长。它们还表明，经济增长可能在兼职和青年就业以及临时雇员中创造了就业机会，而不是全职工作。本文将这些发现与地区劳动力市场的特殊特征联系起来，讨论了它们对理解失业的影响，并为未来的政策制定了建议。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Croatian Economic Survey ECONOMICS-

CiteScore

0.90

自引率

0.00%

发文量

审稿时长

12 weeks

期刊介绍： The journal Croatian Economic Survey is a Diamond Open Access journal defined by the following characteristics: -Peer review: the article goes through the journal''s process of a double-blind peer review. -Public access: both the author and the public have immediate access to the final, published version of the article. -Funding model: both the author and the public pay no fee to the journal. The journal is financially supported by the Ministry of Science and Education of the Republic of Croatia. Croatian Economic Survey is an English-language, peer-reviewed scholarly journal published by the Institute of Economics, Zagreb in Croatia and financed by the Croatian Ministry of Science and Education. The journal aims to serve as a forum for academics and practitioners by publishing high-quality research papers on topics in all areas of economics. Special focus is given to post-socialist Europe. Comparative studies are especially encouraged, since these countries share a similar socio-economic background and comparative studies offer a valuable source of insight for policy formulation as well as a basis for competitive benchmarking. The journal welcomes empirical and policy-oriented papers relevant to a broader international audience. Contributions need not be limited solely to economics; submissions from other related disciplines are encouraged.