Regional Economics: Theory and Practice
 

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The labor market: an analysis of regional differentiation

Vol. 13, Iss. 36, SEPTEMBER 2015

PDF  Article PDF Version

Received: 16 February 2015

Received in revised form: 5 March 2015

Accepted: 13 March 2015

Available online: 12 October 2015

Subject Heading: LOCAL MARKETS

JEL Classification: 

Pages: 56-66

Yanchenko E.V. Gagarin Saratov State Technical University, Saratov, Russian Federation
lucky2007YE@yandex.ru

Importance The article analyzes regional labor markets.
     Objectives The purpose of the article is an analytical review of the regional differentiation of the labor market.
     Methods For the study, I used methods of mathematical statistics and a correlation analysis.
     Results I present a general technique to measure differences between regional labor markets, including integral coefficient, elasticity, the correlation of links between indicators of tension in the labor market and factors. I defined types of regions by level of regional differentiation and development of industrial and postindustrial economy.
     Conclusions I concluded on the necessity of the discretionary approach to government regulation of the labor market depending on the type of region. For depressed territories, I recommend direct assistance in the form of subsidies, for other regions, I suggest creating conditions for development of small and medium-sized businesses and provide tax support.

Keywords: labor market, regional differentiation, unemployment, employment, elasticity

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