Employment, Population and Regional Development in Western and Central Europe. Econometric Models and Challenges of EU Enlargement

14 Pages Posted: 19 Aug 2008

See all articles by Maria-Carmen Guisan

Maria-Carmen Guisan

University of Santiago de Compostela

E. Aguayo

Universidade de Santiago de Compostela

Date Written: August 17, 2008

Abstract

We analyse the relationships between employment, population and regional development in Europe with a cross section sample, for year 2000, of 151 regions belonging to the 25 countries of EU after Enlargement of year 2004. Regional disparities in EU are higher than in the US, while the rate of employment, wages and income per inhabitant are lower in Europe. We analyse the main factors which explain those differences and estimate an econometric model for Western and Central European regions which shows the positive effect of real value added on employment and population. Finally we suggest to foster economic policies focused to increase the rates of employment and income per inhabitant in EU countries and regions.

Keywords: Employment, Population, European Economy, Western Europe, Central Europe, Regional Development

JEL Classification: C5, E24, J2, O18, O52, R23

Suggested Citation

Guisan, Maria-Carmen and Aguayo, E., Employment, Population and Regional Development in Western and Central Europe. Econometric Models and Challenges of EU Enlargement (August 17, 2008). Applied Econometrics and International Development, Vol. 4, No. 2, 2004, Available at SSRN: https://ssrn.com/abstract=1232252

Maria-Carmen Guisan

University of Santiago de Compostela ( email )

Faculty of Economics and Business
Santiago de Compostela, A Coruña 15704
Spain

HOME PAGE: http://www.usc.es/economet/guisan.htm

E. Aguayo

Universidade de Santiago de Compostela

Complejo Docente - Campus Universitario de Lugo
Lugo, A Coruña 15704
Spain

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