A decade of labour market reforms in the EU: insights from the LABREF database

Table 3 Reform intensity and country characteristics: cross-country correlations (EU27, 2000–2011)

	Corr. with no. of reforms	P-value of test of no corr.
Labour market outcomes
Unemployment rate	0.41	0.03
Employment rate	−0.30	0.13
Share of temporary employment (% of total)	0.20	0.31
Share of long-term unemployment (% of total)	0.31	0.11
Other macro-fiscal variables
Real GDP per capita, euro	−0.04	0.83
Real GDP growth	−0.46	0.02
Government debt/GDP	0.57	0.00
Government net lending	−0.20	0.32
Change in cyclically adjusted net lending	−0.09	0.66

Notes: (1) Spearman rank correlations of averages over the period 2000–2011. (2) Number of observations (countries): 27
Source: Labour market outcomes: Eurostat; Other macro-fiscal variables: AMECO database, DG ECFIN, European Commission.