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An Investigation of the Determinants of Manufacturing Employment in the United KingdomThe Review of Economic Studies, 51
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Examines the behaviour of UK employment in manufacturing over theperiod 1964 to 1986. The use of cointegration techniques allows theseparation of a longrun equilibrium relationship for employment fromits shortrun dynamics. The estimated model demonstrates a high degreeof parameter stability both within and outwith the sample period usedfor estimation. Given the noted sensitivity of other employmentequations to system shocks, the models performance pre andpost1979 is particularly noteworthy.
Journal of Economic Studies – Emerald Publishing
Published: May 1, 1992
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