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Time Allocation in Economics and the Implications for Economic Development


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  • Nicoleta CARAGEA

    (Ecological University of Bucharest)


In a modern and more complex society, in which there are not borders between the professional family and social life of individuals, time should be viewed as an economic resource and it has to be optimized, rationalized and controlled.In this paper I will try to identify the main coordinates and the dominant points of view of economic thinking focused on time allocation, at both national and international level. The paper also presents an analysis of the correlation between time use and economic development, on the basis of some regression models.

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Bibliographic Info

Article provided by Institute of National Economy in its journal Romanian Journal of Economics.

Volume (Year): 29 (2009(XIX))
Issue (Month): 2(38) (December)
Pages: 122-141

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Handle: RePEc:ine:journl:v:2:y:2009:i:29:p:122-141

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Keywords: time allocation; working time; economic development;

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Cited by:
  1. Dobre, Ana Maria, 2012. "Intangible assets as a source of competitiveness in the post-crisis economy. The role of trademarks," MPRA Paper 48780, University Library of Munich, Germany.
  2. Oana CHINDRIŞ-VĂSIOIU & Carmen UNGUREANU, 2011. "Importance of Economic and Social Cohesion Policy for Romania," Journal of Knowledge Management, Economics and Information Technology,, vol. 1(6), pages 11, October.
  3. Istrate, Georgeta-Marinela & Caragea, Nicoleta, 2010. "Working Time During the Economic Crisis and the Impact on Romanian Working Life," MPRA Paper 45503, University Library of Munich, Germany.
  4. Voineagu, Vergil & Caragea, Nicoleta, 2010. "A New Approach of Time Use in National Economy," MPRA Paper 53206, University Library of Munich, Germany.
  5. Nicoleta CARAGEA-HREHORCIUC & Madalina TOCAN, 2011. "European typologies of time use – the social model approach," Journal of Knowledge Management, Economics and Information Technology,, vol. 1(6), pages 11, October.


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