Abstract

This paper estimates the possible job-shortfall across Italian and EU regions using a time–space dynamic panel data model with a spatial moving average random effects structure of the disturbances. The paper is a companion paper to an earlier prediction exercise regarding Brexit. The model includes spatial and temporal dependencies involving the endogenous variable, leading to estimates based on a new dynamic spatial generalized moments estimator proposed by Baltagi et al. (Reg Sci Urban Econ, 2018. 10.1016/j.regsciurbeco.2018.04.013). The predictions use modified interregional trade estimates, assuming a reduction in trade flows between Italian and EU regions due to Italexit, to simulate the impact on employment across Italian regions and the wider EU. Comparisons are made between Italexit and Brexit.

Details

Title
Italexit, is it another Brexit?
Author
Fingleton, Bernard 1 

 University of Cambridge, Department of Land Economy, Cambridge, UK (GRID:grid.5335.0) (ISNI:0000000121885934) 
Pages
77-104
Publication year
2020
Publication date
Jan 2020
Publisher
Springer Nature B.V.
ISSN
14355930
e-ISSN
14355949
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2264460638
Copyright
Journal of Geographical Systems is a copyright of Springer, (2019). All Rights Reserved. This work is published under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.