IDEAS home Printed from https://ideas.repec.org/a/isp/journl/v15y2021i1p86-98.html

The Impact Of The Information Technology Industry On The Labor Market: The Case Of Romania

Author

Listed:
  • Nicolae Marinescu

Abstract

This paper aims to investigate the influence of the information technology (IT) industry on several economic aspects related to the labor market, with a special focus on the case of Romania. The IT industry is considered the star industry worldwide in very recent economic history amid intense digitalization of any sector. Romania has strongly felt this global IT status, especially in recent years when it became a magnet for IT solutions producers who have found here highly-qualified, cost-effective labor. Romania became one of the fastest-growing IT markets in Central and Eastern Europe, ranking high in the number of certified IT workers. Against this background, the increase of IT jobs has been exceeded by the demand for qualified human resources in the field. As such, the IT market is shaping up as a very competitive one. By selecting a sample of IT employees from the largest centers in the Romanian IT sector, the research included in this paper reveals the multiple impact of the IT industry on employees, their motivation, and their interests. The findings from the research form useful recommendations for policy-makers, to keep the country attractive for investors in the IT field, with proper measures to be taken especially in the fiscal and the educational system.

Suggested Citation

  • Nicolae Marinescu, 2021. "The Impact Of The Information Technology Industry On The Labor Market: The Case Of Romania," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 15(1), pages 86-98.
    • Handle: RePEc:isp:journl:v:15:y:2021:i:1:p:86-98
    as

    Download full text from publisher

    File URL: https://www.scientific-publications.net/get/1000049/1632910144956562.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Oliner, Stephen D. & Sichel, Daniel E., 2003. "Information technology and productivity: where are we now and where are we going?," Journal of Policy Modeling, Elsevier, vol. 25(5), pages 477-503, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Benati, Luca, 2007. "Drift and breaks in labor productivity," Journal of Economic Dynamics and Control, Elsevier, vol. 31(8), pages 2847-2877, August.
    2. Dale W. Jorgenson & Mun S. Ho & Kevin J. Stiroh, 2008. "A Retrospective Look at the U.S. Productivity Growth Resurgence," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 3-24, Winter.
    3. Carmen Díaz-Roldán & María del Carmen Ramos-Herrera, 2021. "Innovations and ICT: Do They Favour Economic Growth and Environmental Quality?," Energies, MDPI, vol. 14(5), pages 1-17, March.
    4. repec:dgr:rugggd:gd-79 is not listed on IDEAS
    5. Najarzadeh, Reza & Rahimzadeh, Farzad & Reed, Michael, 2014. "Does the Internet increase labor productivity? Evidence from a cross-country dynamic panel," Journal of Policy Modeling, Elsevier, vol. 36(6), pages 986-993.
    6. Dale W. Jorgenson & Mun S. Ho & Kevin J. Stiroh, 2005. "Growth of US Industries and Investments in Information Technology and Higher Education," NBER Chapters, in: Measuring Capital in the New Economy, pages 403-478, National Bureau of Economic Research, Inc.
    7. Ilmakunnas, Pekka & Miyakoshi, Tatsuyoshi, 2013. "What are the drivers of TFP in the Aging Economy? Aging labor and ICT capital," Journal of Comparative Economics, Elsevier, vol. 41(1), pages 201-211.
    8. Fernando Lera & Margarita Billón, 2004. "The North-South Digital Divide in Information and Communication Technologies Development: the Case for Spanish Regions," ERSA conference papers ersa04p307, European Regional Science Association.
    9. Yoann Barbesol & Thomas Heckel & Simon Quantin, 2008. "Élasticité de la production au capital informatique : estimations à l’aide de données d’entreprises," Économie et Statistique, Programme National Persée, vol. 419(1), pages 55-71.
    10. Oliner, Stephen D. & Sichel, Daniel E. & Stiroh, Kevin J., 2008. "Explaining a productive decade," Journal of Policy Modeling, Elsevier, vol. 30(4), pages 633-673.
    11. Hans-Günther Vieweg & Thomas Fuchs & Reinhard Hild & Andreas Kuhlmann & Stefan Lachenmaier & Michael Reinhard & Uwe Christian Täger & Sebastian de Ramon & Jan-Egbert Sturm, 2005. "Status and outlook of the “New Economy” in selected EU member states from a German Viewpoint," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 19, July.
    12. Pamfili Antipa & Marie-Elisabeth de la Serve, 2010. "International Comparisons of Industry-based Productivity Levels in the Financial and Business Service Sectors," International Productivity Monitor, Centre for the Study of Living Standards, vol. 19, pages 66-81, Spring.
    13. Ark, Bart van, 2002. "ICT investments and growth accounts for the European Union," GGDC Research Memorandum 200256, Groningen Growth and Development Centre, University of Groningen.
    14. Lach, Saul & Trajtenberg, Manuel & Shiff, Gil, 2008. "Together but Apart: ICT and Productivity Growth in Israel," CEPR Discussion Papers 6732, C.E.P.R. Discussion Papers.
    15. Canh Phuc Nguyen & Christophe Schinckus & Quang Binh Nguyen & Duyen Thuy Le Tran, 2024. "Digitalization and informal economy: a global evidence of internet usage," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 51(1), pages 1-37, March.
    16. Carol Corrado & Charles Hulten & Daniel Sichel, 2005. "Measuring Capital and Technology: An Expanded Framework," NBER Chapters, in: Measuring Capital in the New Economy, pages 11-46, National Bureau of Economic Research, Inc.
    17. Francesco Daveri, 2002. "The New Economy in Europe, 1992--2001," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 18(3), pages 345-362.
    18. Piatkowski, Marcin, 2004. "The Impact of ICT on Growth in Transition Economies," MPRA Paper 29399, University Library of Munich, Germany.
    19. Inklaar Robert & Timmer Marcel P. & Ark Bart van, 2007. "Mind the Gap! International Comparisons of Productivity in Services and Goods Production," German Economic Review, De Gruyter, vol. 8(2), pages 281-307, May.
    20. Claudiu Tiberiu Albulescu & Camélia Turcu, 2022. "Productivity, financial performance, and corporate governance: evidence from Romanian R&D firms," Applied Economics, Taylor & Francis Journals, vol. 54(51), pages 5956-5975, November.
    21. repec:dgr:rugggd:200256 is not listed on IDEAS
    22. Pierre-Alain Muet, 2006. "Impacts économiques de la révolution numérique," Revue économique, Presses de Sciences-Po, vol. 57(3), pages 347-375.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • A - General Economics and Teaching

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:isp:journl:v:15:y:2021:i:1:p:86-98. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Svetoslav Ivanov (email available below). General contact details of provider: https://www.scientific-publications.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.