【摘要】I examine the effect of sectoral change on U.S. state unemployment during the GreatRecession. Of the 4.1 percentage point increase in mean state unemployment between 2007 and 2009,increased structural change explains 0.6–1.18 percentage points, and increased estimated effects ofstructural change 0.8–2.7 percentage points. Despite the role of housing in the recession, neitherconstruction nor any other one sector can account for the results. Although the pace and role ofstructural change had returned to normal levels after the Great Recession, their effects persisted,raising mean state unemployment by 0.9–2.3 percentage points in 2011.
【文献来源】Simon C.Journal of Regional Science.2014(5)