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The connection between the education level of young people, labor productivity and inflation in Romania

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  • Ortansa FLOREA (MOISE)

    (Bucharest University of Economic Studies, Romania)

Abstract

Labor productivity is an important indicator for any economy. An increase of productivity is benefits for the entrepreneurs and for the national economy. This paper discusses the link between changes in the number of high school graduates in Romania, to amend the rate labor productivity and inflation rate. The period under review is 2004-2012. The data used are those published by the National Institute of Statistics, National Bank of Romania and Eurostat. The data used are those published by the National Institute of Statistics, National Bank of Romania and Eurostat. We calculate the relative change in the number of graduates of university education and the relative change in the volume of labor productivity and identify the links. Furthermore, we highlight the correlation between these indicators and will try to identify the relationship between changes in the number of graduates in secondary education and inflation.

Suggested Citation

  • Ortansa FLOREA (MOISE), 2015. "The connection between the education level of young people, labor productivity and inflation in Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(Special(I), pages 127-132.
    • Handle: RePEc:agr:journl:v:xxii:y:2015:i:special(i):p:127-132
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