THE CORRELATION BETWEEN GDP/ CAPITA AND EMPLOYMENT RATE OF PEOPLE- ECONOMETRIC MODEL ANALYSIS

Abstract

It is presented the evolution of Employment rate of work age population (aged 15-64) by gender and area, as well as statistical correlation between Gross Domestic Product/capita and Employment rate of population in Romania (during 2002-2011).

Keywords

• employment rate
• gross domestic product
• per capita
• coefficient of determination
• correlation ratio
• correlation coefficient