Formal and statistical aspects of estimating Okun's law at a regional level
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F44555601%3A13440%2F20%3A43895428" target="_blank" >RIV/44555601:13440/20:43895428 - isvavai.cz</a>
Result on the web
<a href="https://rsaiconnect.onlinelibrary.wiley.com/doi/full/10.1111/pirs.12511" target="_blank" >https://rsaiconnect.onlinelibrary.wiley.com/doi/full/10.1111/pirs.12511</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1111/pirs.12511" target="_blank" >10.1111/pirs.12511</a>
Alternative languages
Result language
angličtina
Original language name
Formal and statistical aspects of estimating Okun's law at a regional level
Original language description
The paper challenges the common practice of estimating Okun's law at a regional level and investigates the mathematical and statistical model valid for regional applications. Confining to the difference version of Okun's law, the paper demonstrates that if a trade-off between output fluctuations and fluctuations in the labour market is to hold on an economy-wide level, a completely different specification of Okunian equations ensues for regions than is currently considered in research studies on the topic. An econometric approach is proposed to provide estimates of Okunian equations compliant with the disaggregation model, and the issue is demonstrated for Italian regions.
Czech name
—
Czech description
—
Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
10103 - Statistics and probability
Result continuities
Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Papers in Regional Science
ISSN
1056-8190
e-ISSN
—
Volume of the periodical
99
Issue of the periodical within the volume
4
Country of publishing house
US - UNITED STATES
Number of pages
24
Pages from-to
1113-1136
UT code for WoS article
000554574900011
EID of the result in the Scopus database
2-s2.0-85081271984