生产率和失业率的面板因果关系和协整关系

Q4 Economics, Econometrics and Finance

Applied Economics Quarterly Pub Date : 2015-11-18 DOI:10.3790/AEQ.61.2.141

J. Jalles

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引用次数: 2

摘要

本文对1970年至2010年间19个经合组织国家的生产率与失业率之间的关系进行了实证研究。通过最近发展的面板数据计量方法，我们发现失业率和生产率在水平上是非平稳的，并且它们在面板上作为一个整体是协整的。在因果关系上，从失业到生产率之间存在较强的方向性关系。此外，长期效应似乎总体上是积极的，因此有利于那些认为长期衰退促进长期生产率提高的理论。

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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Panel Causality and Cointegration between Productivity and Unemployment

This paper empirically investigates the link between productivity and unemployment in a panel of 19 OECD countries between 1970 and 2010. By means of recently developed panel data econometric methods, we find that unemployment and productivity are non-stationary in levels and they are cointegrated for the panel as a whole. In terms of causality, the stronger directional relationship runs from unemployment to productivity. Furthermore, the long-run effect seems to be generally positive, therefore favouring of those theories which suggest that prolonged recessions foster long-run productivity improvements.

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来源期刊

Applied Economics Quarterly Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

0.50

自引率

0.00%

发文量