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(Article of periodic en Anglais - 2014)

Document title

Sectoral change and unemployment during the Great Recession, in historical perspective

Authors(s) and Affiliation(s)

SIMON C. (1) ;
(1) Dept. of Economics, College of Business and Behavioral Science, Univ., Clemson, ETATS-UNIS

Abstract

This article examines the effect of sectoral change on U.S. state unemployment during the Great Recession. Of the 4.1 percentage point increase in mean state unemployment between 2007 and 2009, increased structural change explains 0.6–1.18 percentage points, and increased estimated effects of structural change 0.8–2.7 percentage points. Despite the role of housing in the recession, neither construction nor any other one sector can account for the results. Although the pace and role of structural change had returned to normal levels after the Great Recession, their effects persisted, raising mean state unemployment by 0.9–2.3 percentage points in 2011

Source

Article of periodic

published at : Journal of regional science / ISSN 0022-4146

Editor : Regional Science Research Institute, Amherst, MA - ETATS-UNIS (1958)

Millesime : 2014, vol. 54, no5 [pp. 828-855]

Bibliographic references : 2 p.

Collation : 14 fig., 6 tabl.

Language

Anglais

Digital Object Identifier

Go to electronic document thanks to its DOI : doi:10.1111/jors.12126

Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI), 2014
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