Is there a trade-off between employment and labour productivity in new EU member states?
AbstractTaking into consideration the EU objective set by the Europe 2020 Strategy, i.e. to become a smart, sustainable and inclusive economy, which at the same time implies a growth in employment and labour productivity, our main research question is if there is a trade-off between employment and labour productivity, in a panel of twelve new EU member states, in the 2000-2010 period. The results of our study show that between 2000 and 2010, there was a trade-off between growth in employment and growth in labour productivity, fact which requires taking some measures, in these countries, which should allow the creation of new jobs but the increase in labour productivity as well.
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Bibliographic InfoArticle provided by Department of International Business and Economics from the Academy of Economic Studies Bucharest in its journal Romanian Economic Journal.
Volume (Year): 15 (2012)
Issue (Month): 45 (December)
economic development; economic growth; employment; labour productivity; correlation; European Union;
Find related papers by JEL classification:
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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