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Labour Market Resilience- Comparative Evidence From Romanian Counties

Author

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  • Monica Mihaela MAER MATEI

    (National Scientific Research Institute for Labour and Social Protection)

  • Ana-Maria ZAMFIR

    (National Scientific Research Institute for Labour and Social Protection)

  • Cristina MOCANU

    (National Scientific Research Institute for Labour and Social Protection)

Abstract

In economics, the concept of resilience illustrates the adaptability capacity of a system after an external shock. The goal of the empirical analysis presented in this paper is to investigate the labor market resilience of Romanian Counties relative to the economic crisis whose negative effects occurred since 2009. The counties are compared in terms of resistance or sensitivity to the shock, speed of recovery after the shock. These dimensions were assessed by means of statistical analysis of employment and unemployment rate evolution. With respect to the factors that could influence the trajectory of the system after a recessionary shock, this study discusses the correlation between different types of resilience and economic diversification.

Suggested Citation

  • Monica Mihaela MAER MATEI & Ana-Maria ZAMFIR & Cristina MOCANU, 2018. "Labour Market Resilience- Comparative Evidence From Romanian Counties," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 11, pages 59-66, July.
    • Handle: RePEc:cmj:networ:y:2018:i:11:p:59-66
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    References listed on IDEAS

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    1. Adriana DAVIDESCU & Vasile Alecsandru STRAT, 2014. "Coordinates of a New Romanian Regional Policy - Identifying the Development Poles. A Case Study," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 18(2), pages 88-99.
    2. Madalina Ecaterina Popescu & Maria-Isadora Lazar, 2015. "Analysis of the Post-Crisis Economic Performances in the European Union," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 11(3), pages 5-14, June.
    3. Martin Robson, 2009. "Structural change, specialization and regional labour market performance: evidence for the UK," Applied Economics, Taylor & Francis Journals, vol. 41(3), pages 275-293.
    4. Gheorghe ZAMAN & George GEORGESCU, 2015. "Regional aspects of economic resilience in Romania, during the post-accession period," Romanian Journal of Economics, Institute of National Economy, vol. 40(1(49)), pages 5-32, june.
    5. Gheorghe ZAMAN & Valentina VASILE, 2014. "Conceptual framework of economic resilience and vulnerability,at national and regional levels," Romanian Journal of Economics, Institute of National Economy, vol. 39(2(48)), pages 5-18, December.
    6. Smith, Stephen M. & Gibson, Cosette M., 1988. "Industrial Diversification In Nonmetropolitan Counties And Its Effect On Economic Stability," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 13(2), pages 1-9, December.
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    Cited by:

    1. Eva Militaru & Madalina Ecaterina Popescu & Amalia Cristescu & Maria Denisa Vasilescu, 2019. "Assessing Minimum Wage Policy Implications upon Income Inequalities. The Case of Romania," Sustainability, MDPI, vol. 11(9), pages 1-20, May.
    2. Madalina Ecaterina Popescu & Eva Militaru & Larisa Stanila & Maria Denisa Vasilescu & Amalia Cristescu, 2019. "Flat-Rate versus Progressive Taxation? An Impact Evaluation Study for the Case of Romania," Sustainability, MDPI, vol. 11(22), pages 1-16, November.

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    Keywords

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    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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