Okun's law in the Visegrad Group countries: its regional disaggregation and determinants
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F44555601%3A13440%2F24%3A43898427" target="_blank" >RIV/44555601:13440/24:43898427 - isvavai.cz</a>
Result on the web
<a href="https://www.tandfonline.com/doi/full/10.1080/17421772.2024.2308013" target="_blank" >https://www.tandfonline.com/doi/full/10.1080/17421772.2024.2308013</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/17421772.2024.2308013" target="_blank" >10.1080/17421772.2024.2308013</a>
Alternative languages
Result language
angličtina
Original language name
Okun's law in the Visegrad Group countries: its regional disaggregation and determinants
Original language description
The paper examines Okun's law on a regional level and its determinants for the four Visegrad Group (V4) countries in Central Europe. Unlike other studies on regional Okun's law, the paper applies a disaggregation procedure to estimate Okun's law for economies and regions, and seeks to identify the factors that determine the regional heterogeneity observed in Okun coefficients. The analysis uses data for NUTS 2 regions of Czechia, Hungary, Poland and Slovakia for the period 2001-2020. The accounting principle embedded in the disaggregation framework entails that regions around the capital cities display higher unemployment-output responsiveness. With endogeneity handled, the level of economic prosperity and accumulated human capital are found to be robust drivers of differences in the unemployment-output elasticity on a regional level.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Spatial Economic Analysis
ISSN
1742-1772
e-ISSN
1742-1780
Volume of the periodical
19
Issue of the periodical within the volume
4
Country of publishing house
GB - UNITED KINGDOM
Number of pages
23
Pages from-to
699-721
UT code for WoS article
001171679800001
EID of the result in the Scopus database
2-s2.0-85186564684