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dc.contributor.authorFerragina, Anna Mariaen_US
dc.contributor.authorPastore, Francescoen_US
dc.date.accessioned2005-05-10en_US
dc.date.accessioned2010-07-07T09:13:34Z-
dc.date.available2010-07-07T09:13:34Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/33638-
dc.description.abstractThe paper surveys the theoretical and empirical literature on regional unemployment during transition in Central and Eastern Europe. The focus is on Optimal Speed of Transition (OST) models and on comparison of them with the neoclassical tradition. In the typical neoclassical models, spatial differences essentially arise as a consequence of supply side constraints and institutional rigidities. Slow-growth, high-unemployment regions are those with backward economic structures and constraints on factors mobility contribute to making differences persistent. However, such explanations leave the question unanswered of how unemployment differences arise in the first place. Economic transition provides an excellent testing ground to answer this question. Prefiguring an empirical law, the OST literature finds that the high degree of labour turnover of high unemployment regions is associated with a high rate of industrial restructuring and, consequently, that low unemployment may be achieved by implementing transition more gradually. Moreover, international trade, FDI and various agglomeration factors help explain the success of capital cities compared to peripheral towns and rural areas in achieving low unemployment.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 1565en_US
dc.subject.jelJ6en_US
dc.subject.jelP2en_US
dc.subject.jelR1en_US
dc.subject.jelR23en_US
dc.subject.ddc330en_US
dc.subject.keywordregional unemploymenten_US
dc.subject.keywordstructural changeen_US
dc.subject.keywordlabour turnoveren_US
dc.subject.keywordoptimal speed of transitionen_US
dc.subject.keywordCentral and Eastern Europeen_US
dc.subject.stwRegionale Arbeitslosigkeiten_US
dc.subject.stwEU-Staaten (Osteuropa)en_US
dc.titleMind the gap: unemployment in the new EU regionsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn485624494en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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