Analysis of the Romanian employment rate. A panel data approach

Abstract

This paper examines the evolution of the employment rate in Romania. I employ a panel data approach, considering the 42 counties, in order to explore the relationship between labour productivity, average earnings, investments and employment. The results reveal a positive impact of the average wage and gross investments and a negative impact of the labour productivity on employment rate.

Keywords

• employment
• average earnings
• labour productivity
• panel data
• regional analysis