Education and labour market performance in Romania. An empirical analysis of the urban-rural gap

Mirela Cristea and Grațiela Georgiana Noja
Additional contact information
Mirela Cristea: University of Craiova, Craiova, Romania
Grațiela Georgiana Noja: West University of Timisoara, Timisoara, RomaniaAuthor-Name: Teodora Andreea Găinaru (Olah)

Journal of Financial Studies, 2022, vol. 12, issue 7, 89-104

Abstract: As education is the foundation of a prosperous and sustainable society and given the increasingly visible gap between urban and rural, the aim of the research undertaken in this paper is to present the level of education and labour market integration in Romania, in a comparative urban-rural approach. The dataset compiled for Romania is organized in two sub-panels, urban and rural, including indicators of the education system, but also fundamental credentials of the labour market, for the period 2000-2020. The research methodology is based on the application of two advanced econometric models, namely spatial models (lag and error) and Gaussian graphical models (GGMs). The results highlight the coordinates of the Romanian education system in the two areas of residence, urban-rural, but also the link between education and the labour market outcomes. Based on our findings, we propose adequate strategies to mitigate the gap between rural and urban and enhance the labour market performance.

Keywords: education; labour market; urban-rural; econometric modelling. (search for similar items in EconPapers)
JEL-codes: C30 I25 I31 J21 R12 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://revista.isfin.ro/wp-content/uploads/2022/05/12.-Cristea-Mirela_.pdf (application/pdf)
https://revista.isfin.ro/en/2022/05/19/education-a ... the-urban-rural-gap/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fst:rfsisf:v:12:y:2022:i:7:p:89-104

DOI: 10.55654/JFS.2022.7.12.07

Access Statistics for this article

Journal of Financial Studies is currently edited by Raluca Ladaru

More articles in Journal of Financial Studies from Institute of Financial Studies Contact information at EDIRC.
Bibliographic data for series maintained by Cosmin Catalin Olteanu ().