Work

Regional Analysis of the Real Earnings in Romania

Year: 2013

Type: article

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.

Source: RePEc: Research Papers in Economics

Authors: Amalia Cristescu, Denisa Vasilescu, Larisa Stănilă, Mădălina Ecaterina Popescu

Language: English

Topic: Labor market dynamics and wage inequality

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W350491773

FWCI: 0.707

Cites: 25

Cited by: 1

Related to: 10