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Long – Term Distribution of the Job Offer in Romania and Job Polarization

Author

Listed:
  • Carmen-Elena Bănescu
  • Emilia ÈšiÈ›an
  • Daniela Manea

Abstract

In the case study we aim to analyse the long-term distribution of vacancies on the Romanian labour market. This approach allows us to identify one of the long-term consequences of the digitalization of the economy, namely polarization. Polarization can be viewed from several perspectives, but here we are only referring to the polarization of the job supply. The phenomenon implies a significant reduction in interest in mid-level jobs. Thus, to identify the probability that this phenomenon will already manifest itself in Romania, we carried out an analysis with the help of Markov chains. In this way we will identify the occupations that could be the most numerous in the long run in Romania. Even if Romania does not indicate an obvious polarization of the labour market, in the long run, clues in this regard can be identified. There is a system of vocational training at national level, but it does not cover the prospects of the labour market.

Suggested Citation

  • Carmen-Elena Bănescu & Emilia ÈšiÈ›an & Daniela Manea, 2023. "Long – Term Distribution of the Job Offer in Romania and Job Polarization," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 26(85), pages 2-12, June.
    • Handle: RePEc:rej:journl:v:26:y:2023:i:85:p:2-12
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Job vacancies; Markov chain; job polarization; digital economy; future occupations;
    All these keywords.

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • 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
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion

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