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Economic shift‐share effects and spatial agglomeration regarding inter‐regional disparities of labour market in the USA
Author(s) -
Hirobe Tsunetada
Publication year - 2015
Publication title -
regional science policy and practice
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.342
H-Index - 8
ISSN - 1757-7802
DOI - 10.1111/rsp3.12059
Subject(s) - economies of agglomeration , unemployment , economics , demographic economics , perspective (graphical) , population , control (management) , labour economics , economic geography , economic growth , demography , management , artificial intelligence , sociology , computer science
This paper provides an empirical perspective by applying dynamic shift‐share techniques to the US labour statistics. As a conclusion, the proportional effect evaluated by the employment statuses of the civilian non‐institutional population 16 years of age and over does not play a sufficient role to control most sharp variations of unemployment rates even though that would be an effective stabilizer for suppressing relatively minor fluctuations. Only the regional effect can play the role enough to do so. Thus the action of that effect is demonstrated to the utmost under the condition that employment rates are regionally balanced in a consistent situation.