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Employment Dynamics In The Candidate Central And East European Countries Using The Principal Components Analysis

Author

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  • Nicolae, Mariana

    () (Institute for Economic Forecasting, Romanian Academy, Bucharest)

Abstract

This paper attempts to analyze the employment dynamics in some Central and East European countries using the principal component analysis. The data considered regards the percentage of employees in the total labor force for seven branches of the economic activity in 2000. The analyses comprise six countries from Central and Southern Europe. Hungary, Slovakia and the Czech Republic are situated in the same area of the diagram which indicates that they have close employment dynamics. Slovenia, with a large agricultural sector is isolated to the left, Romania is centered and Poland is isolated to the top, the process of creating new jobs was slower here.

Suggested Citation

  • Nicolae, Mariana, 2003. "Employment Dynamics In The Candidate Central And East European Countries Using The Principal Components Analysis," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 98-106, September.
  • Handle: RePEc:rjr:romjef:v::y:2003:i:3:p:98-106
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    More about this item

    Keywords

    employment; principal component analyses;

    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
    • C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other

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