IDEAS home Printed from https://ideas.repec.org/a/eee/ecanpo/v54y2017icp49-56.html
   My bibliography  Save this article

Hard-to-fill vacancies: An analysis of demand side responses in the Australian state of Queensland

Author

Listed:
  • Mangan, John
  • Trendle, Bernard

Abstract

This paper provides an analysis of the determinants of job vacancy durations in Queensland. This is done by using a Cox Proportional Hazard model to analyse data generated by an employer survey. Analysis indicates that important determinants of vacancy duration include the skill level of the vacancy, the accessibility of the region of the vacancy, and the size of the firm advertising the vacancy. Wage offers are found to have a confounding effect, with higher wage offers apparently associated with longer duration. However, an ancillary regression uncovers evidence of wage posting. Surprisingly, little evidence of variation in vacancy duration across industries is found. Results from a proportional hazard model with shared frailty based on the firm advertising the vacancy, suggest unobserved heterogeneity is also important.

Suggested Citation

  • Mangan, John & Trendle, Bernard, 2017. "Hard-to-fill vacancies: An analysis of demand side responses in the Australian state of Queensland," Economic Analysis and Policy, Elsevier, vol. 54(C), pages 49-56.
    • Handle: RePEc:eee:ecanpo:v:54:y:2017:i:c:p:49-56
    DOI: 10.1016/j.eap.2016.10.002
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0313592616301126
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.eap.2016.10.002?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kelvin Lancaster, 1990. "The Economics of Product Variety: A Survey," Marketing Science, INFORMS, vol. 9(3), pages 189-206.
    2. Kiefer, Nicholas M, 1988. "Economic Duration Data and Hazard Functions," Journal of Economic Literature, American Economic Association, vol. 26(2), pages 646-679, June.
    3. John Adams & Malcolm Greig & Ronald W. McQuaid, 2002. "Mismatch in Local Labour Markets in Central Scotland: The Neglected Role of Demand," Urban Studies, Urban Studies Journal Limited, vol. 39(8), pages 1399-1416, July.
    4. Lei Lei Song & Elizabeth Webster, 2003. "How Segmented are Skilled and Unskilled Labour Markets: the Case of Beveridge Curves," Australian Economic Papers, Wiley Blackwell, vol. 42(3), pages 332-345, September.
    5. van Ours, Jan & Ridder, Geert, 1991. "Job requirements and the recruitment of new employees," Economics Letters, Elsevier, vol. 36(2), pages 213-218, June.
    6. JOSE Ma ARRANZ & Juan Muro, 2004. "Recurrent unemployment, welfare benefits and heterogeneity," International Review of Applied Economics, Taylor & Francis Journals, vol. 18(4), pages 423-441.
    7. Sharma, Kishor & Oczkowski, Edward & Hicks, John, 2016. "Skill shortages in regional Australia: A local perspective from the Riverina," Economic Analysis and Policy, Elsevier, vol. 52(C), pages 34-44.
    8. de Ours, J.C., 1989. "Durations of Dutch job vacancies," Other publications TiSEM 99927ba2-9f39-4fa7-b168-6, Tilburg University, School of Economics and Management.
    9. Kostas Mavromaras & Peter Sloane & Zhang Wei, 2015. "The scarring effects of unemployment, low pay and skills under-utilization in Australia compared," Applied Economics, Taylor & Francis Journals, vol. 47(23), pages 2413-2429, May.
    10. Shah, C & Burke, G, 2005. "Skills Shortages: Concepts, Measurement and Policy Responses," Australian Bulletin of Labour, National Institute of Labour Studies.
    11. Andrés J. Marchante & Bienvenido Ortega & Ricardo Pagán, 2005. "Determinants of Skills Shortages and Hard-to-Fill Vacancies in the Hospitality Sector," ERSA conference papers ersa05p21, European Regional Science Association.
    12. Joshua Healy & Kostas Mavromaras & Peter J. Sloane, 2015. "Adjusting to skill shortages in Australian SMEs," Applied Economics, Taylor & Francis Journals, vol. 47(24), pages 2470-2487, May.
    13. Charles Holt & Martin David, 1966. "The Concept of Job Vacancies in a Dynamic Theory of the Labor Market," NBER Chapters, in: The Measurement and Interpretation of Job Vacancies, pages 73-110, National Bureau of Economic Research, Inc.
    14. Chen, Longhwa & Eriksson, Tor, 2009. "Vacancy Duration, Wage Offers, and Job Requirements - Pre-Match Data Evidence," Working Papers 09-6, University of Aarhus, Aarhus School of Business, Department of Economics.
    15. Donald Houston, 2005. "Employability, Skills Mismatch and Spatial Mismatch in Metropolitan Labour Markets," Urban Studies, Urban Studies Journal Limited, vol. 42(2), pages 221-243, February.
    16. Nickell, Stephen J, 1979. "Estimating the Probability of Leaving Unemployment," Econometrica, Econometric Society, vol. 47(5), pages 1249-1266, September.
    17. Michael Pries & Richard Rogerson, 2005. "Hiring Policies, Labor Market Institutions, and Labor Market Flows," Journal of Political Economy, University of Chicago Press, vol. 113(4), pages 811-839, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cortés-Arcos, Tomás & Bernal-Agustín, José L. & Dufo-López, Rodolfo & Lujano-Rojas, Juan M. & Contreras, Javier, 2017. "Multi-objective demand response to real-time prices (RTP) using a task scheduling methodology," Energy, Elsevier, vol. 138(C), pages 19-31.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ours, J.C., 1988. "Durations of dutch job vacancies," Serie Research Memoranda 0046, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    2. Ours, J.C. & Ridder, G., 1990. "Vacancies and the recruitment of new employees," Serie Research Memoranda 0022, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    3. Ours, J.C., 1989. "An empirical analysis of employers' search," Serie Research Memoranda 0021, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    4. Furmanov, Kirill, 2009. "On Measurement of the Average Unemployment Duration using Russian Longitudinal Monitoring Survey data," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 14(2), pages 74-99.
    5. Pieter Serneels, 2004. "The Nature of Unemployment in Urban Ethiopia," CSAE Working Paper Series 2004-01, Centre for the Study of African Economies, University of Oxford.
    6. Mark C. Foley, 1997. "Labor Market Dynamics in Russia," Working Papers 780, Economic Growth Center, Yale University.
    7. Nagore Garcia, A. & van Soest, A.H.O., 2014. "Unemployment Transitions to Stable and Unstable Jobs Before and During the Crisis," Discussion Paper 2014-026, Tilburg University, Center for Economic Research.
    8. Giesecke, Matthias & Kind, Michael, 2013. "Bridge Unemployment in Germany: Response in Labour Supply to an Increased Early Retirement Age," Ruhr Economic Papers 410, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    9. Wiji Narendranathan & Mark B. Stewart, 1993. "Modelling the Probability of Leaving Unemployment: Competing Risks Models with Flexible Base‐Line Hazards," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 42(1), pages 63-83, March.
    10. Michael Kind, 2015. "A Level Playing Field: An Optimal Weighting Scheme of Dismissal Protection Characteristics," LABOUR, CEIS, vol. 29(1), pages 79-99, March.
    11. Kishor Sharma & Edward Oczkowski & John Hicks, 2017. "Skill Shortages in Regional New South Wales: The Case of the Riverina," Economic Papers, The Economic Society of Australia, vol. 36(1), pages 3-16, March.
    12. Michael Euler & Stefan Schwarze & Hermanto Siregar & Matin Qaim, 2016. "Oil Palm Expansion among Smallholder Farmers in Sumatra, Indonesia," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(3), pages 658-676, September.
    13. NAGORE GARCIA Amparo & VAN SOEST Arthur, 2016. "Unemployment Exits Before and During the Crisis," LISER Working Paper Series 2016-14, Luxembourg Institute of Socio-Economic Research (LISER).
    14. Zhang, Xuelin & Morissette, Rene, 2001. "Which Firms Have High Job Vacancy Rates in Canada?," Analytical Studies Branch Research Paper Series 2001176e, Statistics Canada, Analytical Studies Branch.
    15. Mingliang Li, 2006. "High school completion and future youth unemployment: new evidence from High School and Beyond," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(1), pages 23-53, January.
    16. van Ommeren, Jos & Rietveld, Piet & Nijkamp, Peter, 2002. "A bivariate duration model for job mobility of two-earner households," European Journal of Operational Research, Elsevier, vol. 137(3), pages 574-587, March.
    17. T. Addison, John & Portugal, Pedro, 1998. "Some specification issues in unemployment duration analysis," Labour Economics, Elsevier, vol. 5(1), pages 53-66, March.
    18. Dragana Djurdjevic, 2005. "Unemployment and Under-Employment: The Case of Switzerland," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 141(I), pages 23-70, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecanpo:v:54:y:2017:i:c:p:49-56. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/economic-analysis-and-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.