1.

Record Nr.

UNINA9910817627603321

Autore

Jarmuzek Mariusz

Titolo

Anatomy of Regional Disparities in the Slovak Republic / / Mariusz Jarmuzek, Biswajit Banerjee

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

1-4623-7393-3

1-4527-9244-5

9786612843594

1-282-84359-1

1-4518-7292-5

Edizione

[1st ed.]

Descrizione fisica

1 online resource (30 p.)

Collana

IMF Working Papers

Altri autori (Persone)

BanerjeeBiswajit

Disciplina

320.6;320.6094373

Soggetti

Labor

Macroeconomics

Production and Operations Management

Macroeconomics: Production

Human Capital

Skills

Occupational Choice

Labor Productivity

Labor Economics Policies

Production

Cost

Capital and Total Factor Productivity

Capacity

Labor Economics: General

Labour

income economics

Productivity

Labor productivity

Labor policy

Total factor productivity

Industrial productivity

Labor economics

Slovakia Economic policy

Slovakia Economic conditions

Slovak Republic



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"July 2009."

Nota di contenuto

Contents; I. Introduction; II. Analytical Framework; III. Dimensions of Regional Disparities in Slovakia; IV. Regional Income Disparity in Slovakia in the EU Context; V. Analysis of β-Convergence; VI. Growth Accounting; VII. Sectoral Patterns of Productivity Growth; VIII. Policy Challenges; IX. Conclusions; References; Tables; 1. Regional Differences in Real GDP per Capita and Household Disposable Income, 1995-2006; 2. Regional Differences in Labor Productivity, 1995-2006; 3. Regional Differences in Labor Utilization and Unemployment, 1995-2006

4. Dispersion of Regional GDP per Capita in the European Union, 1996-20055. Regression Analysis of β(Beta)-Convergence of GDP per Capita Growth; 6. Regression Analysis of β(Beta)-Convergence of Labor Productivity Growth; 7. Sources of Growth of GDP and Labor Productivity by Regions, 1996-2006; 8. Motorways and Junctions Density by Regions; 9. Foreign Direct Investment in the Corporate Sector by Regions, 1999-2006; 10. Sectoral Patterns of Labor Productivity Growth by Region; 11. Unit Labor Costs and Minimum Wage by Regions, 1998-2006

Sommario/riassunto

This paper examines economic growth and various dimensions of regional disparities in Slovakia. We find that regional disparities in the levels of GDP per capita, labor productivity, and labor utilization have widened since 2000, coinciding with the time that Slovakia initiated negotiations on EU accession. Notwithstanding ?-divergence in the levels, there was conditional ?-convergence in the growth rates of GDP per capita and labor productivity. Improvements in total factor productivity were the main engine of growth of GDP in all regions. Sustaining growth and reducing disparities will require increasing the labor utilization ratio and improving the structural and policy determinants of productivity in the eastern regions. The main policy priorities are to improve transportation infrastructure, enhance cost competitiveness through greater regional differentiation in wages and further decentralization of collective bargaining, and increase accumulation of human capital.