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Local labour markets and socio-economic change: evidence from Danish towns, 2008--2013

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  • Kalle Emil Holst Hansen

Abstract

The recent financial and economic crisis had substantial but spatially differentiated impacts on growth. However, there is still a lot left to be understood about the local aspects of the crisis. One of these aspects is its socio-economic consequences. This paper investigates local socio-economic change to Danish towns from 2008 to 2013, with a focus on the impact of local labour market (LLM) structures on change. Socio-economic change in towns is measured both directly as mean income and employment growth, and indirectly as population and human capital growth. The paper relies on micro-data and uses robust regression to generate results. Several findings are presented, but the two main conclusions are: first, the LLM structures of towns still influence local socio-economic development; and, second, towns experience better socio-economic development if they are in close proximity to a larger labour market and/or have a large ratio of commuters in the working population.

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  • Kalle Emil Holst Hansen, 2016. "Local labour markets and socio-economic change: evidence from Danish towns, 2008--2013," European Planning Studies, Taylor & Francis Journals, vol. 24(5), pages 904-925, May.
    • Handle: RePEc:taf:eurpls:v:24:y:2016:i:5:p:904-925
    DOI: 10.1080/09654313.2016.1142937
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    References listed on IDEAS

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    1. Laurence Ball, 2014. "Long-term damage from the Great Recession in OECD countries," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 11(2), pages 149-160, September.
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