Regional Labour Market Matching Functions and Efficiency Analysis

Regional Labour Market Matching Functions and Efficiency Analysis
Author: Pekka Ilmakunnas
Publisher:
Total Pages: 0
Release: 2003
Genre:
ISBN:

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Stochastic production frontiers are used for estimating regional matching functions where unemployment outflow is 'produced' by the unemployed and vacancies. The frontier is estimated using regional panel data from Finland from 1988 to 1997 and the Battese and Coelli frontier model, where the explanatory factors are included in the inefficiency term. The stochastic frontier matching function has constant returns, whereas in OLS estimation with fixed effects the returns are slightly increasing. Unemployment and vacancies in neighbouring regions have a spillover effect on efficiency. Excess job reallocation in a region deteriorates matching efficiency. The decomposition of total factor productivity change in matching to efficiency change and change in matching technology is also investigated by interpreting the matching frontier as a distance function and using Malmquist indexes. There is a downward trend in the technology, but short-term variations are dominated by cyclical changes in efficiency.

Labor Market Flexibility and Different Job-Matching Technologies Across Regions in India

Labor Market Flexibility and Different Job-Matching Technologies Across Regions in India
Author: Woong Lee
Publisher:
Total Pages: 67
Release: 2015
Genre:
ISBN:

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This paper examines the relationship between labor market flexibility and matching function efficiency in India. With state-level disaggregated data, the matching function in India is estimated to investigate differences in the matching function efficiency across regions of different labor market flexibility. In addition, matching parameters are estimated in the respective regions that categorized by the degree of labor market flexibility. It is the first original work that uses state-level data to estimate matching function in India. The data are drawn from Employment Exchange in India, the only public job centre in this country. The results show that there is no link between labor market flexibility and matching function efficiency. The evidence indicates that regions having inflexible labor markets reveal entirely vacancy-driven job matching process, which implies lack of labor demand. For these regions, it is recommended that policies to boost labor demand such as employment subsidies are appropriate to create more employment.

The European Labour Market

The European Labour Market
Author: Floro Ernesto Caroleo
Publisher: Springer Science & Business Media
Total Pages: 341
Release: 2006-06-15
Genre: Business & Economics
ISBN: 3790816809

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This book brings together up-to-date findings on the regional dimensions of European labour markets. It provides a conceptual and empirical study of the interactions between the European economy and its regions, paying particular attention to the issue of the transition of Central and Eastern European countries to a market economy. The topics analysed include: the structure of the shocks affecting employment (regional, industrial, national), the relationships between labour market efficiency and the regional distribution of unemployment, wage flexibility in EU member countries or in their regions and the role of active labour market policies in affecting the regional distribution of employment and unemployment.

Looking Into the Black Box

Looking Into the Black Box
Author: Barbara Petrongolo
Publisher:
Total Pages: 0
Release: 2000
Genre:
ISBN:

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Estimating Regional Matching Efficiency in the Indian Labor Market

Estimating Regional Matching Efficiency in the Indian Labor Market
Author: Ung Yi
Publisher:
Total Pages: 45
Release: 2015
Genre: Labor market
ISBN: 9788932242514

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We analyze state-level matching efficiency in the Indian labor market using stochastic frontier analysis. The key contribution of this research is the estimation of matching efficiency at the state level because the estimates can be used for a state-level measure of labor market conditions. Next, we explore the relation between estimated matching efficiency and population density (or labor market flexibility. The results show that matching efficiency is heterogeneous across states with considerable variation in accordance with the regional diversity in India. However, we find that there is no relationship between the estimated matching efficiency and the well-known labor market conditions of interest. The correlations are either close to zero or not statistically significant, suggesting that other regional diversity may affect mathching efficiency in India.

Estimating Regional Matching Efficiency in the Indian Labor Market

Estimating Regional Matching Efficiency in the Indian Labor Market
Author: Lee Woong
Publisher:
Total Pages: 45
Release: 2015
Genre: Labor market
ISBN: 9788932240268

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We analyze state-level matching efficiency in the Indian labor market using stochastic frontier analysis. The key contribution of this research is the estimation of matching efficiency at the state level because the estimates can be used for a state-level measure of labor market conditions. Next, we explore the relation between estimated matching efficiency and population density (or labor market flexibility. The results show that matching efficiency is heterogeneous across states with considerable variation in accordance with the regional diversity in India. However, we find that there is no relationship between the estimated matching efficiency and the well-known labor market conditions of interest. The correlations are either close to zero or not statistically significant, suggesting that other regional diversity may affect mathching efficiency in India.