Can policies affect employment intensity of growth? : a cross-country analysis

E. Crivelli, D. Furceri, and J. Toujas-Bernaté

The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of 167 countries over the period 1991 - 2009, the results suggest that structural policies aimed at increasing labor and product market flexibility and reducing government size have a significant and positive impact on employment elasticities. In addition, the results also suggest that in order to maximize the positive impact on the responsiveness of employment to economic activity, st

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Year of publication:	2012
Authors:	Crivelli, Ernesto ; Furceri, Davide ; Toujas-Bernaté, Joël
Publisher:	Washington, DC : Internat. Monetary Fund
Subject:	Erwerbstätigkeit \| Employment \| Elastizität \| Elasticity \| Wirtschaftliche Anpassung \| Economic adjustment \| Welt \| World \| 1991-2009

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Extent:	Online-Ressource (PDF-Datei: 31 S., 737 KB) graph. Darst.
Series:	IMF working papers. - Washington, DC : IMF, ZDB-ID 2108494-4. - Vol. 12/218 IMF Working Papers
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Includes bibliographical references Systemvoraussetzungen: Acrobat Reader Cover; Contents; I. Introduction; II. Empirical Strategy and Data; A. Empirical Strategy; B. Data; III. Results; A. Regional trends in employment elasticities; B. Determinants of Employment Elasticities; IV. Conclusions; References; Figures; 1. The evolution of Unemployment Across Regions; 2. Real GDP and Employment Growth, by Income Level Group, 2000-09; 3. Distribution of Long-Run Employment Elasticities; Tables; 1. Descriptive Statistics and Sources; 2. Spearman's Rank Correlation Coefficient for Long-run Elasticities Estimates 3. Long Term Employment Elasticities, by Region, Income Level, and Economic Sector4. Evolution of Employment Elasticities with Time; 5. Correlation Between Employment Elasticities and Structural Policy Variables; 6. Effects of Structural Variables on Employment Elasticities; 7. Effects of Structural and Macroeconomic Variables on Employment Elasticities; 8. Effects of Structural and Demographic Variables on Employment Elasticities; 9. Effects of Labor Market Policy Indicators on Employment Elasticities; 10. Effects of Product Market Policy Indicators on Employment Elasticities 11a. Non-Linear Effects of Structural Variables on Employment Elasticities-GDP11b. Non-Linear Effects of Structural Variables on Employment Elasticities-Output Volatility; 11c. Non-Linear Effects of Structural Variables on Employment Elasticities-Inflation; Appendix Electronic reproduction; Available via World Wide Web
ISBN:	978-1-4755-0568-9 ; 978-1-4755-7401-2 ; 978-1-4755-0568-9
Source:	ECONIS - Online Catalogue of the ZBW

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