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Regional Analysis Of The Real Earnings In Romania

Author

Listed:
  • Amalia Cristescu

    () (The National Scientific Researsch Institute for Labour and Social Protection, Bucharest, Romania)

  • Maria Denisa Vasilescu

    (The National Scientific Researsch Institute for Labour and Social Protection, Bucharest, Romania)

  • Larisa Stanila

    (The National Scientific Researsch Institute for Labour and Social Protection, Bucharest, Romania)

  • Madalina Ecaterina Popescu

    (The National Scientific Researsch Institute for Labour and Social Protection, Bucharest, Romania)

Abstract

In this paper we investigated the impact of some indicators on the average earnings at county level in Romania for the period 2000-2012. After a short statistical analysis of the indicators used in this study and after excluded Ilfov and Bucharest, we grouped the counties into three main clusters by applied a Hierarchical cluster analysis. We then estimated three panel data models corresponding to each of the three clusters and the results indicated that the factors with positive influence are the number of graduates from tertiary education, the number of immigrants, the GDP, while the factors with negative influence are the civilian employed population level and the number of emigrants. The results of the Monte Carlo simulation suggests that, in general, for the period 2013 - 2014 the real average gross earnings in Romania is expected to keep a positive trend through the entire analysed period.

Suggested Citation

  • Amalia Cristescu & Maria Denisa Vasilescu & Larisa Stanila & Madalina Ecaterina Popescu, 2013. "Regional Analysis Of The Real Earnings In Romania," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 7(2), pages 58-78, DECEMBER.
  • Handle: RePEc:rrs:journl:v:7:y:2013:i:2:p:58-78
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    File URL: http://www.rrsa.ro/rjrs/V724.Cristescu.pdf
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    References listed on IDEAS

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    3. Abdurrahman Aydemir & George J. Borjas, 2007. "Cross-Country Variation in the Impact of International Migration: Canada, Mexico, and the United States," Journal of the European Economic Association, MIT Press, vol. 5(4), pages 663-708, June.
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    1. repec:cmj:seapas:y:2017:i:13:p:199-204 is not listed on IDEAS

    More about this item

    Keywords

    earnings; regional analysis; panel data; numerical simulation;

    JEL classification:

    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General

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