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Change In Economic Structure, Expansion Of University Training And Development Of Non-Wage Employment

Author

Listed:
  • Florin-Marius PAVELESCU

    () (Institute of National Economy – Romanian Academy)

  • Valentina VASILE

    () (Institute of National Economy, Romanian Academy)

Abstract

The present paper investigates the development of nonwage employment (NWE) in the context of sensible changes in economic structure, by increasing the relative importance of the services’ sector and labour force supply due to an expansion of higher education. We identify factors which favour the expansion of NWE in the context of transition to knowledge-based economy in the countries with solid market economy. A comparative analysis is made about the relative importance of employment in European Union member countries and a series of correlations performed with other structural indicators of the labour force market. On this basis, the conclusion is that the NWE physiognomy is dependent to a significant extent on the development degree and sectoral structure of the economy in various countries. The analysis of the NWE development is deepened in the case of Romania by paying special attention to the case of higher educated individuals. It is found that the increases in the number of self-employed persons with higher education is mainly a forced choice for avoiding entering unemployment and only at secondary level the expression of a new type of entrepreneurial spirit, as in the case of countries with consolidated market economy.

Suggested Citation

  • Florin-Marius PAVELESCU & Valentina VASILE, 2012. "Change In Economic Structure, Expansion Of University Training And Development Of Non-Wage Employment," Romanian Journal of Economics, Institute of National Economy, vol. 35(2(44)), pages 45-74, December.
  • Handle: RePEc:ine:journl:v:2:y:2012:i:44:p:45-74
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    References listed on IDEAS

    as
    1. Michael Fritsch & Alina Rusakova, 2010. "Personality Traits, Self-Employment, and Professions," Jena Economic Research Papers 2010-075, Friedrich-Schiller-University Jena.
    2. José Millán & Emilio Congregado & Concepción Román, 2012. "Determinants of self-employment survival in Europe," Small Business Economics, Springer, vol. 38(2), pages 231-258, February.
    3. Carl Magnus Bjuggren & Dan Johansson & Mikael Stenkula, 2012. "Using self-employment as proxy for entrepreneurship: some empirical caveats," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 17(3), pages 290-303.
    4. Ferrante, Francesco & Sabatini, Fabio, 2007. "Education, social capital and entrepreneurial selection in Italy," MPRA Paper 2451, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    higher education; multicriterial analysis; employment model; entrepreneurship; labour market flexibility; economic sectors;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • 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
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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