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Abstract
This paper proposes an empirical assessment of economic interactions between the labour markets ofthe integrating EU over the period of time 1995-2005. Drawing on recently made available industrystatistics, we provide a sector level study (13 tradable sectors, including manufacturing and services),analysing the contemporary evolution of domestic and trade partners' employment levels. Given theintensification of trade relations as a result of ongoing integration process, we build a sector-specificmeasure of economic interdependency, based on information on labour markets' performance andweighted by the magnitude of intra-EU trade flows (imports). The estimates of a dynamic empiricalmodel confirm the interactions between employment levels in different Member States. Domesticemployment in NMS-5 is rather positively affected by the expansion of labour markets in other EU'strade partners (domestic employment levels in NMS-5 countries improve in parallel to the increase inforeign tradable sectors' employment). The opposite holds true for EU-15 domestic labour markets thatare rather challenged by the expansion of tradable sectors in their EU trade partners.
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- Category:
- Articles
- Type:
- artykuły w czasopismach recenzowanych i innych wydawnictwach ciągłych
- Published in:
-
Bank i Kredyt
no. 40,
pages 87 - 105,
ISSN: 0137-5520 - Language:
- English
- Publication year:
- 2009
- Bibliographic description:
- Lo Turco A., Parteka A.: Empirical investigation on labour market interactions in an enlarged Europe// Bank i Kredyt. -Vol. 40., nr. no 1 (2009), s.87-105
- Verified by:
- Gdańsk University of Technology
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