 IMPLICATIONS OF AGGREGATE DEMAND ON EMPLOYMENT: EVIDENCE FROM THE ROMANIAN ECONOMYRevista Tinerilor Economisti (The Young Economists Journal), 2011, vol. 1, issue 16, 132-143 Abstract: The contribution of aggregate demand to employment creation is a fact universally accepted in the specialty literature, there being the idea that between aggregate demand and employment there is a direct and bivalent relationship. In our study we aim to highlight the influence of aggregate demand and its components (final consumption, investments and net export) on employment in Romania, in the period between 1990 and 2009. The results of this research show that, in Romania, in the last two decades, between agregate demand and employment, as well as between final consumption and employment we can identify a negative relationship, fact that comes in conflict with the economic theory. Moreover, the results of our study show that in order to increase employment in Romania we need to act so as to increase investments and to adapt the domestic supply to the requirements of the domestic and international market. Keywords: aggregate demand; final consumption; investments; net export; domestic supply; employment. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2011:i:16:p:132-143 Access Statistics for this article Revista Tinerilor Economisti (The Young Economists Journal) is currently edited by Ionascu Costel More articles in Revista Tinerilor Economisti (The Young Economists Journal) from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC. |
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