
Open access
Datum
2011-02Typ
- Working Paper
ETH Bibliographie
yes
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Abstract
It is generally accepted that regional labor markets are characterized by strong interdependencies. However, only few studies include spatial elements to their estimations. Using the model framework proposed by Cli and Ord (1973, 1981) and the estimation technique proposed by Kelejian and Prucha (1998), we estimate a spatial time series model for the Swiss cantonal unemployment rates on a quarterly level. Our model contains a spatial lag in the level and in the error term, as well as further exogenous explanatory variables. While both spatial lags turn out to be significant in our estimations, the dependency in the error term seems to be even stronger than the one in the level. Mehr anzeigen
Persistenter Link
https://doi.org/10.3929/ethz-a-006353323Publikationsstatus
publishedExterne Links
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Zeitschrift / Serie
KOF Working PapersBand
Verlag
KOF Swiss Economic Institute, ETH ZurichThema
ECONOMETRICS AND ECONOMETRIC MODELS (OPERATIONS RESEARCH); UNEMPLOYMENT; SCHWEIZ (MITTELEUROPA). SCHWEIZERISCHE EIDGENOSSENSCHAFT; SWITZERLAND (CENTRAL EUROPE). SWISS CONFEDERATION; ÖKONOMETRIE UND ÖKONOMETRISCHE MODELLE (OPERATIONS RESEARCH); Spatial Econometrics; SPATIAL DISPARITY + REGIONAL DISPARITY (GEOGRAPHY); ARBEITSLOSIGKEIT; Regional Unemployment; RÄUMLICHE DISPARITÄT + REGIONALE DISPARITÄT (GEOGRAFIE); SwitzerlandOrganisationseinheit
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
Zugehörige Publikationen und Daten
Is source of: http://hdl.handle.net/20.500.11850/44897
ETH Bibliographie
yes
Altmetrics