The crisis and regional employment in Europe: what role for sheltered economies?
研究了欧洲危机前(1995-2007)区域经济庇护程度与危机初期(2008-2012)就业变化的关系,发现庇护经济在危机中并未有效抵御就业冲击,但高度庇护区域例外。
This article examines how the evolution of employment trends in the regions of Europe since the outbreak of the crisis may have been shaped by the emergence of sheltered economies in certain regions of Europe in the pre-crisis period. It uses descriptive and econometric analysis to determine the relationship between the level of protection from the market of regional economies in the years of economic boom between 1995 and 2007 and employment trends in the first 4 years of the crisis (2008–2012). The analysis covers 272 NUTS2-level regions in 27 EU countries. The results of the analysis show that regions which had developed more sheltered economies during the boom years have not weathered the employment shock associated with the crisis well, while pre-crisis dynamism in employment generation has been connected to lower during-crisis employment destruction. The only exceptions are the most highly sheltered economies in the pre-crisis period, which have endured a lower level of job destruction than any other type of region. The question is whether this early resistance to job destruction can be maintained once the recovery starts.