NDLI: A spatial panel wage curve for Spain

Content Provider	Springer Nature Link
Author	Ramos, Raul Nicodemo, Catia Sanromá, Esteve
Copyright Year	2014
Abstract	Most empirical studies on the Spanish wage curve have ignored the possible spatial interaction effects between the regions. This paper reconsiders the Spanish wage curve using more recent data than previous studies and taking into account the role of regional spillovers. From a methodological perspective, we apply the two-step procedure proposed by Bell et al. (2002) to estimate a dynamic wage curve with spatial spillovers. In a first stage, we use microdata from the Spanish Social Security Records (Muestra Continua de Vidas Laborales) to obtain composition-corrected wages that are used in a second stage to estimate a wage curve over the period 2000–2010 allowing for spatial effects of unemployment across regions. Opposite to previous studies, we find that the wage equation is highly autoregressive and that regional spillovers are relevant to explain the relationship between unemployment and wages in the Spanish provinces.
Starting Page	125
Ending Page	139
Page Count	15
File Format	PDF
ISSN	18644031
Journal	Letters in Spatial and Resource Sciences
Volume Number	8
Issue Number	2
e-ISSN	1864404X
Language	English
Publisher	Springer Berlin Heidelberg
Publisher Date	2014-06-15
Publisher Place	Berlin, Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Spatial panel Wage curve Unemployment Spanish regional labour markets Regional/Spatial Science Agricultural Economics Geographical Information Systems/Cartography Landscape/Regional and Urban Planning Environmental Economics Demography
Content Type	Text
Resource Type	Article
Subject	Geography, Planning and Development Urban Studies Demography Economics and Econometrics

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