The Relationship between Official Employment, Official Unemployment and Unofficial Employment in Romania

Authors

  • Adriana AnaMaria Davidescu Bucharest University of Economic Studies
  • Vasile Alecsandru Strat Bucharest University of Economic Studies

Keywords:

official employment, labour approach, Romania, unofficial employment

Abstract

The aim of the paper is to investigate the relationship between official employment, official unemployment and unofficial employment in Romania for the period 2000-2014, using LFS survey data. This type of method quantifies the persons working in unofficial economy, but is not able to capture those who are employed in both sectors (formal and informal).The empirical results reveal the existence of a negative relationship between activity rates and the estimated value of unofficial employment. Correlation coefficients for the period 2000-2014 highlighted the presence of a negative relationship between official employment and unofficial employment, respectively official unemployment and unofficial employment. Using this method who has its limitations, the Romanian unofficial employment is most probably underestimated.

Author Biographies

Adriana AnaMaria Davidescu, Bucharest University of Economic Studies

Dep. of Statistics and Econometrics

Vasile Alecsandru Strat, Bucharest University of Economic Studies

Dep. of Statistics and Econometrics

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Published

2015-05-15

How to Cite

Davidescu, A. A., & Strat, V. A. (2015). The Relationship between Official Employment, Official Unemployment and Unofficial Employment in Romania. International Journal of Economic Practices and Theories, 5(3), 181-186. Retrieved from http://ijept.eu/index.php/ijept/article/view/The_Relationship_between_Official_Employment%2C_Official_Unemplo

Issue

Vol. 5 No. 3 (2015): Special issue on Competitiveness and Economic & Social Cohesion

Section

Articles

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