TY  - RPRT
        AU  - Belke, Ansgar H.
AU  - Heine, Jens M.
        TI  - Specialisation Patterns and the Synchronicity of Regional Employment Cycles in Europe
        PY  - 2004/Dec/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1439
        UR  - https://www.iza.org/publications/dp1439
        AB  - This paper examines the degree of correlation of EU regional employment cycles and attempts to show whether these cycles reflect changing patterns of specialisation. By focusing on the regional level and by employing three different indicators of similarity of sectoral structure, it improves on existing studies. A dynamic panel data model is estimated pairs of regions by within groups, i.e., by a standard fixed effects estimator. Special attention is paid to capture the rich dynamics which are typical of employment data. The key finding is that employment growth is more synchronised when regions look alike in their sectoral structure.
        KW  - synchronicity
KW  - regional business cycles
KW  - European Union
KW  - regional employment
KW  - specialisation
        ER  -