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Institutional Rigidities As Specific Features Of The Weakly Structured Economies And Their Effects On Economic Growth - The Effects On Economic Growth: The Case Of Industrial Labor Market

Author

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  • Turlea, Geomina

    () (Institute of World Economy, Romanian Academy, Bucharest)

Abstract

The authors start by underlining the main common features and the main differences between Poland and Romania at a macro level. The second section realizes an in-depth analysis of the sectoral developments in Poland and Romania. We find important divergences with regard to production and employment. The evolution of sectoral employment in Romanian manufacturing reflects the tendency of specialization towards labor intensive branches. We also find two divergent tendencies for relative wages, as some sectors have growing wages primarily on efficiency reasons, while others primarily due to insider pressures.

Suggested Citation

  • Turlea, Geomina, 2001. "Institutional Rigidities As Specific Features Of The Weakly Structured Economies And Their Effects On Economic Growth - The Effects On Economic Growth: The Case Of Industrial Labor Market," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 102-117, June.
  • Handle: RePEc:rjr:romjef:v::y:2001:i:2:p:102-117
    as

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    References listed on IDEAS

    as
    1. Pauna, Bianca & Ghizdeanu, Ion & Scutaru, Cornelia & Fomin, Petre & Saman, Corina, 2007. "The "Dobrescu" Macromodel Of The Romanian Market Economy - 2005 Version - Yearly Forecast," Journal for Economic Forecasting, Institute for Economic Forecasting, pages 115-125.
    2. Dobrescu, Emilian, 2008. "A Desirable Scenario For The Romanian Economy During 2008-2013," Journal for Economic Forecasting, Institute for Economic Forecasting, pages 15-58.
    3. Dobrescu, Emilian, 2006. "Macromodel of the Romanian market economy (version 2005)," MPRA Paper 35749, University Library of Munich, Germany.
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    More about this item

    Keywords

    institutions; labor market; industry; economic growth; transition economies;

    JEL classification:

    • P3 - Economic Systems - - Socialist Institutions and Their Transitions
    • J0 - Labor and Demographic Economics - - General

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