Analysis of GDP, Labor and Unemployment evolutions in Romania during the Financial Crisis
Ilie Margareta, and
Ilie Constatin ()
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Ilie Margareta,: OVIDIUS University from Constanta, Faculty of Economic Sciences
Ilie Constatin: OVIDIUS University from Constanta, Faculty of Mechanical, Industrial and Maritime
Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 1, 214-217
Abstract:
The present paper aims to reveals the result of a graphical analysis made over the Standardized unemployment (SER), Total employment (TEM), Gross domestic product at market price (GDP), Labor Productivity (LPR). The time period covered the quarterly values recorded from years 2000 to 2013 (second quarter) for Romania. The methodology used is graphical analysis considering the evolutions of each of the four indicators recorded and their trends. The main objective was to determine the influence of the financial crisis over the GDP and the employment. The analysis showed that the most influenced indicator was the unemployment and even that the other three ones were somehow influenced their evolution was slightly affected. The conclusion reveals that the way how the indicators are influenced by the financial crisis
Keywords: unemployment; GDP; labor productivity; trends. (search for similar items in EconPapers)
JEL-codes: E24 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:214-217
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