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The Impact of Economic Growth Process on Employment in European Union Countries

Author

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  • Emilia Herman

    () (Academy of Economic Studies, Bucharest/„Petru Maior” University, Tg. Mures)

Abstract

The purpose of the present study is to empirically investigate the effect of economic growth on employment in EU countries, between 2000 and 2010. The main findings of the paper suggest the existence of a low employment elasticity of economic growth in EU, but this has significant differences from one country to another. This fact highlights that one of the main problems of the European countries (especially those in the Eastern and Central EU) is their small capacity to generate employment under the conditions of the existence of an economic growth process. Taking into consideration that only the process of economic growth, which generates new jobs, is the one that assures the conditions for economic and human development it is highly important to act in order to increase the employment intensity of economic growth

Suggested Citation

  • Emilia Herman, 2011. "The Impact of Economic Growth Process on Employment in European Union Countries," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 14(42), pages 47-67, December.
  • Handle: RePEc:rej:journl:v:14:y:2011:i:42:p:47-67
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    File URL: http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2011-11-30/2055/herman.pdf
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    References listed on IDEAS

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    1. Gilles Mourre, 2006. "Did the pattern of aggregate employment growth change in the euro area in the late 1990s?," Applied Economics, Taylor & Francis Journals, vol. 38(15), pages 1783-1807.
    2. Flaig Gebhard & Rottmann Horst, 2009. "Labour Market Institutions and the Employment Intensity of Output Growth," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 229(1), pages 22-35, February.
    3. Gilbert Cette & Samuel Chang & Maty Konte, 2011. "The decreasing returns on working time: an empirical analysis on panel country data," Applied Economics Letters, Taylor & Francis Journals, vol. 18(17), pages 1677-1682.
    4. Paul Beaudry & Fabrice Collard, 2002. "Why has the Employment-Productivity Tradeoff among Industrialized Countries been so strong?," NBER Working Papers 8754, National Bureau of Economic Research, Inc.
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    Citations

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    Cited by:

    1. Manuela Rozalia Gabor, 2012. "Are There Differences Reffering To The Living Standard In Romania According To The Occupational Status? Empiric Research Reffering To The Endowment With Durable Goods In Romanian Households," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 117-124, September.
    2. Laura Patache, 2013. "Employment and Regional Inequality in Romania," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 9(4), pages 259-266, August.

    More about this item

    Keywords

    employment elasticity; labour productivity; economic development; employment in services; labour flexibility.;

    JEL classification:

    • 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
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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