Please use this identifier to cite or link to this item: http://arl.liuc.it/dspace/handle/2468/5703
Title: Regional labour market differences in Serbia: assessment and policy recommendations
Authors: Arandarenko, Mihail
Jovičić, Milena
Issue Date: 2007
Publisher: European Association for Comparative Economic Studies (EACES)
Università Carlo Cattaneo - LIUC
Bibliographic citation: Arandarenko Mihail, Jovičić Milena (2007), Regional labour market differences in Serbia: assessment and policy recommendations. In: The European Journal of Comparative Economics, vol. 4, n. 2, 2007, p. 299-317. E-ISSN 1824-2979.
Abstract: Creating effective employment policy to combat rising unemployment and widening regional labour market differences is a major task facing Serbian economic policy makers. In this paper we argue that the best results would be achieved if a differentiated approach to regional labour markets is adopted, resulting in regionally specific employment policies. Our paper presents an original methodology which uses relevant statistical data from various sources (altogether 21 indicators) in order to create compound indices which serve as means of a comprehensive regional labour market classification. The main composite indices contain indicators standardised and grouped so that they reveal multifaceted features of the regions. The first classification distinguishes between indicators depicting regional economic situation and development prospects, and the second between those of general economic conditions, labour market situation and restructuring dynamics. Finally, we suggest a simple two-dimensional taxonomy of regions with regard to their labour market situation and prospects. While regions with positive composite indices of both situation and prospects in general do not require additional intervention, regions in other three quadrants are recommended specific policy mix of employment policy measures and active labour market programmes tailored according to their characteristics revealed by the analysis.
URI: http://arl.liuc.it/dspace/handle/2468/5703
Journal/Book: The European journal of comparative economics
Appears in Collections:EJCE

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