Demographic Development and Labour Force: Dependencies and Key Changes

Kremena Borissova-Marinova

Economic Studies journal, 2021, issue 6, 143-168

Abstract: This study systematises the fundamental dependencies between demographic development and labour force and identifies key changes in the labour force in the country over the last two decades. A theoretical model was presented featuring the formation of the labour force focusing upon demographic factors. The place of reproduction of labour force among the systems of public activities and the classification of factors impacting it were defined by applying a system approach. Some leading tendencies in the evolution of the labour force in the country during the period 2001-2019 were featured. To achieve a fuller and more objective evaluation, an international comparison was made, including four European countries: Greece, Hungary, Czechia and Sweden. The analysis includes some indicators of general and age-specific levels of economic activity, working-age population replacement rates and the age and educational structures of the labour force and inactive persons.The received results testify that the tendencies, observed in Bulgaria, are close to those, registered in the selected European countries over the reference period. There is, however, a number of particularities and specificities of their manifestation in the country and these are key or the reproduction of the labour force in Bulgaria.

JEL-codes: J11 J18 J21 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2021:i:6:p:143-168

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