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Change In Economic Structure, Expansion Of University Training And Development Of Non-Wage Employment

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  • Florin-Marius PAVELESCU

    ()
    (Institute of National Economy – Romanian Academy)

  • Valentina VASILE

    ()
    (Institute of National Economy, Romanian Academy)

Abstract

The present paper investigates the development of nonwage employment (NWE) in the context of sensible changes in economic structure, by increasing the relative importance of the services’ sector and labour force supply due to an expansion of higher education. We identify factors which favour the expansion of NWE in the context of transition to knowledge-based economy in the countries with solid market economy. A comparative analysis is made about the relative importance of employment in European Union member countries and a series of correlations performed with other structural indicators of the labour force market. On this basis, the conclusion is that the NWE physiognomy is dependent to a significant extent on the development degree and sectoral structure of the economy in various countries. The analysis of the NWE development is deepened in the case of Romania by paying special attention to the case of higher educated individuals. It is found that the increases in the number of self-employed persons with higher education is mainly a forced choice for avoiding entering unemployment and only at secondary level the expression of a new type of entrepreneurial spirit, as in the case of countries with consolidated market economy.

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Bibliographic Info

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

Volume (Year): 35 (2012(XXII))
Issue (Month): 2(44) (December)
Pages: 45-74

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Handle: RePEc:ine:journl:v:2:y:2012:i:44:p:45-74

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Keywords: higher education; multicriterial analysis; employment model; entrepreneurship; labour market flexibility; economic sectors;

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  1. Bjuggren, Carl Magnus & Johansson, Dan & Stenkula, Mikael, 2010. "Using Self-employment as Proxy for Entrepreneurship: Some Empirical Caveats," Working Paper Series 845, Research Institute of Industrial Economics.
  2. Michael Fritsch & Alina Rusakova, 2010. "Personality Traits, Self-Employment, and Professions," SOEPpapers on Multidisciplinary Panel Data Research 343, DIW Berlin, The German Socio-Economic Panel (SOEP).
  3. Ferrante, Francesco & Sabatini, Fabio, 2007. "Education, social capital and entrepreneurial selection in Italy," MPRA Paper 2451, University Library of Munich, Germany.
  4. José Millán & Emilio Congregado & Concepción Román, 2012. "Determinants of self-employment survival in Europe," Small Business Economics, Springer, vol. 38(2), pages 231-258, February.
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