IDEAS home Printed from https://ideas.repec.org/p/eaa/ecodev/51.html
   My bibliography  Save this paper

An Interregional Econometric Model for Market Services Employment in 120 EEC Regions

Author

Listed:
  • Guisan, M.C.
  • Frias, I.

Abstract

We present a complete set of data of employment and value-added at 6 sectors classification, calculated having into account OECD National Accounts, regional data from Eurostat and our own estimations when necessary for former EEC12 countries, for the years. We fit and analyze an interregional econometric model for market services employment in 120 EEC regions in the year 1985 and compare its results with another models estimated for the period 1985-98. Our main conclusion is that value-added in industry and non-market sectors are the most important explanatory variables with positive impact on the increase of value-added and employment of the market services sector, and thus we think that European Union should try to help the increase of these factors in the regions under average. This recommendation is specially interesting before the forthcoming expansions of European Union after 2002.

Suggested Citation

  • Guisan, M.C. & Frias, I., 2002. "An Interregional Econometric Model for Market Services Employment in 120 EEC Regions," Economic Development 51, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    • Handle: RePEc:eaa:ecodev:51
    as

    Download full text from publisher

    File URL: http://www.usc.es/economet/aeeadepdf/aeeade51.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Guisan, M.Carmen & Frias, Isidro, 1996. "Economic growth and social welfare in the European regions," Economic Development 9, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    2. Guisan, M.Carmen & Aguayo, Eva, 2001. "Employment and regional development in France," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(1), pages 63-92.
    3. Adams, F Gerard & Brooking, Carl G & Glickman, Norman J, 1975. "On the Specification and Simulation of a Regional Econometric Model: A Model of Mississippi," The Review of Economics and Statistics, MIT Press, vol. 57(3), pages 286-298, August.
    4. Klein, Lawrence R. & Glickman, Norman J., 1977. "Econometric model-building at regional level," Regional Science and Urban Economics, Elsevier, vol. 7(1-2), pages 3-23, March.
    5. Guisan, M.Carmen & Cancelo, M.Teresa, 1996. "Territorial public expenditure and revenue: economic impact in the European regional growth," Economic Development 8, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    6. Guisan, M.Carmen & Cancelo, M.Teresa & Exposito, Pilar, 1998. "Financiacion de la investigacion universitaria en los paises de la OCDE," Economic Development 24, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    7. Lawrence R. Klein, 1969. "The Specification Of Regional Econometric Models," Papers in Regional Science, Wiley Blackwell, vol. 23(1), pages 105-116, January.
    8. J. Bradford De Long & Lawrence H. Summers, 1991. "Equipment Investment and Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 445-502.
    9. Guisan, M.Carmen & Aguayo, Eva, 2002. "Employment and Regional Development in Italy," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 2(1), pages 41-72.
    10. Glejser, H. & Van Daele, G. & Lambrecht, M., 1973. "First experiments with an econometric regional model of the Belgian economy," Regional and Urban Economics, Elsevier, vol. 3(3), pages 301-314, 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. Vazquez, Emilia & Rodriguez, X.A., 1997. "Un analisis de la productividad del comercio en las Comunidades Autonomas españolas," Economic Development 21, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    2. Vazquez, Emilia & Cancelo, M.Teresa, 1996. "Un estudio de la productividad del sector comercial español," Economic Development 11, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    3. Guisan, M.Carmen & Cancelo, M.Teresa, 1996. "Territorial public expenditure and revenue: economic impact in the European regional growth," Economic Development 8, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    4. Guisan, M.Carmen & Aguayo, Eva, 1996. "Impacto de la inversion industrial sobre el empleo de las regiones españolas en el periodo 1976-95," Economic Development 10, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    5. Guisan, M.Carmen & Aguayo, Eva, 1996. "Factores determinantes del empleo del sector servicios en las regiones españolas," Economic Development 7, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    6. Guisan, M. Carmen, 1995. "Produccion industrial y creacion de empleo. Comparacion internacional en el periodo 64-94," Economic Development 1, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..

    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. M.Carmen Guisan & Eva Aguayo & A. David Carballas, 2004. "Human Capital, Industry, Tourism and Economic Development of EU25 Regions," ERSA conference papers ersa04p468, European Regional Science Association.
    2. Harry W. Richardson, 1978. "The State of Regional Economics: A Survey Article," International Regional Science Review, , vol. 3(1), pages 1-48, October.
    3. Guisan, Mª Carmen & Aguayo, Eva, 2001. "Modelos Econométricos De Las Regiones Europeas Y Evolución Del Empleo Regional," Economic Development 48, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    4. Andrew M. Isserman, 1980. "Estimating Export Activity in a Regional Economy: A Theoretical and Empirical Analysis of Alternative Methods," International Regional Science Review, , vol. 5(2), pages 155-184, August.
    5. Charles B. Garrison & Hui S. Chang, 1979. "The Effect of Monetary and Fiscal Policies on Regional Business Cycles," International Regional Science Review, , vol. 4(2), pages 167-180, December.
    6. M.Carmen Guisan & M.Teresa Cancelo, 2004. "Wages, Employment and Productivity in EU and USA," ERSA conference papers ersa04p460, European Regional Science Association.
    7. Guisan, M.Carmen & Aguayo, Eva, 1996. "Factores determinantes del empleo del sector servicios en las regiones españolas," Economic Development 7, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    8. Paul A. Anderson, 1979. "A test of the exogeneity of national variables in a regional econometric model," Working Papers 124, Federal Reserve Bank of Minneapolis.
    9. Iglesias, Ana & Frias, Isidro & Vazquez, Emilia, 1997. "The future of EU regional employment after Maastrich," Economic Development 17, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    10. Helena Marques, 2006. "Research Report: Searching for Complementarities between Agriculture and Tourism — The Demarcated Wine-Producing Regions of Northern Portugal," Tourism Economics, , vol. 12(1), pages 147-155, March.
    11. Guisan, M.Carmen & Cancelo, T. & Aguayo, Eva & Diaz, M.Rosario, 2003. "Education, Investigation et Developpement Regional," Economic Development 66, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    12. Paul M. Beaumont, 1983. "Wage Rate Specfication in Regional and Interregional Econometric Models," International Regional Science Review, , vol. 8(1), pages 75-83, June.
    13. GUISAN, Maria-Carmen, 2023. "World Development in the 20th century: Evolution and Econometric Model," ESTUDIOS ECONOMICOS EECHAPTER, in: M. Carmen Guisan Seijas (ed.), Education And International Development, 1960-2000: Economic Studies Of Oecd Countries, Latin America, Europe, Africa And Asia,, edition 1, volume 1, chapter 1, pages 5-32, Euro-American Association of Economic Development.
    14. Thomas M. Fullerton JR., 2001. "Specification of a Borderplex Econometric Forecasting Model," International Regional Science Review, , vol. 24(2), pages 245-260, April.
    15. Sjoerd Beugelsdijk & Henri L.F. de Groot & Anton B.T.M. van Schaik, 2002. "Trust and Economic Growth," Tinbergen Institute Discussion Papers 02-049/3, Tinbergen Institute.
    16. Uwaoma G. Nwaogu & Michael J. Ryan, 2015. "FDI, Foreign Aid, Remittance and Economic Growth in Developing Countries," Review of Development Economics, Wiley Blackwell, vol. 19(1), pages 100-115, February.
    17. Bjarne S. Jensen, 2004. "Pareto Efficiency, Relative Prices, and Solutions to CGE Models," DEGIT Conference Papers c009_006, DEGIT, Dynamics, Economic Growth, and International Trade.
    18. Di Giannatale, Sonia & Roa, María José, 2016. "Formal Saving in Developing Economies: Barriers, Interventions, and Effects," IDB Publications (Working Papers) 8107, Inter-American Development Bank.
    19. Mara Faccio & Maria-Teresa Marchica & Roberto Mura, 2011. "Large Shareholder Diversification and Corporate Risk-Taking," The Review of Financial Studies, Society for Financial Studies, vol. 24(11), pages 3601-3641.
    20. Cazzavillan, Guido & Olszewski, Krzysztof, 2012. "Interaction between foreign financial services and foreign direct investment in Transition Economies: An empirical analysis with focus on the manufacturing sector," Research in Economics, Elsevier, vol. 66(4), pages 305-319.

    More about this item

    Keywords

    Employment; Europe; Models;
    All these keywords.

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • J0 - Labor and Demographic Economics - - General
    • L8 - Industrial Organization - - Industry Studies: Services
    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

    Statistics

    Access and download statistics

    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:eaa:ecodev:51. 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: M. Carmen Guisan (email available below). General contact details of provider: https://edirc.repec.org/data/exusces.html .

    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.