Revoredo-Giha, Cesar; Leat, Philip M.K.; Renwick, Alan W. - Land Economy and Environment Group, Scotland's Rural College - 2012
The relationship between unemployment and growth (i.e., the so-called Okun’s Law) has long standing in macroeconomics and regional economics. In this paper we estimate such a relationship for Scotland and at the Nomenclature of Territorial Units for Statistics (NUTS) level 3 regions using a...