Agriculture Reference
In-Depth Information
30
25
20
Germany
Spain
France
Greece
Ireland
Italy
Portugal
United Kingdom
15
10
5
0
Fig. 5.23 Unemployment, total (% of total labor force) between European countries
70
60
50
Germany
Spain
France
Greece
Ireland
Italy
Portugal
United Kingdom
40
30
20
10
0
Fig. 5.24 Rural population (% of total population) between European countries
4 Results
In the tables presented in this section results were obtained using time series
econometric techniques for each one of the European countries considered, con-
sidering the Cobb and Douglas ( 1928 ) function of production. Table 5.1 shows the
results found with the original Cobb-Douglas model, where the output is a function
of productivity, employment, and capital (in our models capital is represented by
Search WWH ::




Custom Search