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The Dynamics of the Economic and Financial Efficiency, in Correlation with the Size of the Human Resources Used by Companies in the Services Sector in Constanţa County, Romania

Author

Listed:
  • Ion DănuÅ£ Jugănaru

    (†Ovidius†University of Constanta)

Abstract

The study presented in this paper represents a comparative and dynamic analysis of the activity recorded in four fields of activity (according to the CAEN classification): "Wholesale and retail trade; repair of motor vehicles and motorcycles", "Transport and storage", "Hotels and restaurants", "Professional, scientific and technical activities", using two economic and financial indicators: "value added" and "average number of employees". A large database was consulted for the study, consisting of the information recorded in the financial and accounting balance sheets of the companies operating in Constanta County for the years 2016 and 2017. The analysis started from a microeconomic approach, and the results provided support for meso-economic assessments. The study includes assessments of the importance of each analyzed field of activity, as well as the impact of the four fields as a whole on the economy of Constanta County in terms of their contribution to the creation of value added.

Suggested Citation

  • Ion DănuÅ£ Jugănaru, 2019. "The Dynamics of the Economic and Financial Efficiency, in Correlation with the Size of the Human Resources Used by Companies in the Services Sector in ConstanÅ£a County, Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 221-226, August.
    • Handle: RePEc:ovi:oviste:v:xix:y:2019:i:1:p:221-226
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    More about this item

    Keywords

    balance sheets; indicators; companies; evolution; county;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • C40 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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