COINTEGRATION BETWEEN WAGES, LABOR PRODUCTIVITY, YOUTH ACTIVITY RATE AND THE YOUTH UNEMPLOYMENT RATE: AN ECONOMETRIC APPROACH

Nita Dorina and Stoicuta Nadia
Additional contact information
Nita Dorina: UNIVERSITY OF PETROSANI, ROMANIA
Stoicuta Nadia: UNIVERSITY OF PETROSANI, ROMANIA

Annals - Economy Series, 2026, vol. 2, 21-34

Abstract: A review of the specialized literature regarding the youth unemployment rate reveals that it is approached both as an independent variable—aimed at highlighting the impact of its level and evolution on economic growth and development—and as a dependent variable, with emphasis placed on the analysis of its determinants. The present study follows this line of research, with net earnings, labor productivity, and the youth activity rate being analyzed as influencing factors of the youth unemployment rate. Using a VAR (Vector Autoregression) model covering a 29-year period (1996–2024), it was demonstrated that, in the case of Romania, the identification of a dependency relationship among the analyzed variables is limited to the short-term influence exerted by the youth unemployment rate on the activity rate.

Keywords: youth unemployment rate; determinants of unemployment; activity rate; wages; labor productivity (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.utgjiu.ro/revista/ec/pdf/2026-02/02_Nita.pdf (application/pdf)

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:cbu:jrnlec:y:2026:v:2:p:21-34

Access Statistics for this article

More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ecobici Nicolae ().