Employment, Productivity And Wages In European RegionsEconometric Model Of 96 Nuts-1 In Year 2010

  1. Maria-Carmen Guisan 1
  2. Emilia Vazquez 1
  1. 1 University of Santiago de Compostela, Spain
Journal:
Applied econometrics and international development

ISSN: 1578-4487

Year of publication: 2013

Volume: 13

Issue: 1

Pages: 25-41

Type: Article

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Abstract

We present an analysis of the evolution of employment, productivity and wages in European regions. We estimate an econometric model for the rate of employment and real gross wage with a cross-section of 96 EU27 Regions at NUTS-1 level. We find stagnation in the average evolution of EU and strong inequalities in economic development at regional level. Our conclusions call to improve the EU economic policies in order to foster economic development and to increase productivity, employment rates and real wages particularly in the regions and countries with the lowest levels.

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