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Convergence in West German Regional Unemployment Rates

机译：西德地区失业率趋同

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摘要

Differences in regional unemployment rates are often used to describe regional economic inequality. This paper asks whether changes in regional unemployment differences in West Germany are persistent over time. Understanding the persistency of regional unemployment differences helps us to assess how effective regional policy can be. While univariate tests suggest that changes in regional unemployment differences are persistent in West Germany, more powerful panel tests lend some support to the hypothesis that regional unemployment rates converge. However, these tests reveal a moderate speed of convergence at best. Because there is a structural break following the second oil crisis, we also use tests that allow for such a break. This provides evidence for both convergence and quick adjustment to an equilibrium distribution of regional unemployment rates that is, however, subject to a structural break.
机译：区域失业率的差异通常用来描述区域经济不平等。本文询问西德地区失业差异的变化是否随时间持续存在。了解区域失业差异的持久性有助于我们评估区域政策的有效性。尽管单变量检验表明西德地区的失业差异持续存在变化，但更有力的面板检验为地区失业率趋于一致的假设提供了一定的支持。但是，这些测试充其量只能显示出中等的收敛速度。由于第二次石油危机之后出现结构性断裂，因此我们也使用允许这种断裂的测试。这为收敛和快速调整区域失业率的均衡分布提供了证据，但是该结构会遭受结构性破坏。

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