Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/50378
Authors: 
Schenker, Rolf
Straub, Martin
Year of Publication: 
2011
Series/Report no.: 
KOF working papers // KOF Swiss Economic Institute, ETH Zurich 274
Abstract: 
It is generally accepted that regional labor markets are characterized by strong interdependencies. However, only few studies include spatial elements to their estimations. Using the model framework proposed by Cliff and Ord (1973, 1981) and the estimation technique proposed by Kelejian and Prucha (1998), we estimate a spatial time series model for the Swiss cantonal unemployment rates on a quarterly level. Our model contains a spatial lag in the level and in the error term, as well as further exogenous explanatory variables. While both spatial lags turn out to be significant in our estimations, the dependency in the error term seems to be even stronger than the one in the level.
Subjects: 
Regional Unemployment
Spatial Econometrics
Switzerland
JEL: 
C31
C32
E24
R11
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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