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A Dynamic Analysis of Economic and Financial Efficiency, Correlated with the Dimension of the Human Resources Used by Companies from the Rural Area of Constanta County, Romania

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  • Mariana Jugănaru

    (“Ovidius†University of Constanta)

Abstract

This paper presents a dynamic analysis, based on two economic and financial indicators: the value added and the average number of employees registered and reported during 2016 and 2017 by the companies operating in ten rural localities selected from Constanta County. The study is based on a quantitative research in which quantitative information, represented by the absolute values of the two above-mentioned indicators, was used, and the interpretation of the results can be considered a useful information database for decision-making concerning the activity, both at the micro and meso-economic level. One may say that value added expresses, much better than any other indicator, the effectiveness of combining capital and labor production factors. The specificity of this study is that interesting aspects have been brought to attention regarding the contribution of each selected rural locality to the economy of Constanta County, their hierarchy and the particularities of the economic activity presented in the evolution of the two indicators over the analyzed period.

Suggested Citation

  • Mariana Jugănaru, 2019. "A Dynamic Analysis of Economic and Financial Efficiency, Correlated with the Dimension of the Human Resources Used by Companies from the Rural Area of Constanta County, Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 227-232, August.
    • Handle: RePEc:ovi:oviste:v:xix:y:2019:i:1:p:227-232
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    More about this item

    Keywords

    efficiency; companies; rural area; value added; number of employees;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • C40 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - General
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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