European Structural Funds and Labor Force Requirement in Romania

Maurizio Ciaschini, Andrea El Meligi, Nicoleta Matei, Rosita Pretaroli and Claudio Socci
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Rosita Pretaroli: University of Macerata, Department of Economics and Law, Via Crescimbeni 14, 62100 Macerata - Italy.

Journal for Economic Forecasting, 2015, issue 4, 134-153

Abstract: The study focuses on the evaluation of the European Structural and Investment Funds (ESIF) and provides a tool for analyzing the direct and indirect effects of the Operational Programme Large Infrastructure with reference to the 2014-2020 Programming Period for Romania. This analysis requires the construction of an accounting scheme, the SAM, which comprehensively includes the circular flow of income and also that takes into account the labor demand, providing a picture of the workforce. The paper therefore makes use of a dynamic multisectoral extended model taking into account the exogenous shocks of the programmed policy, where the requirement of labor depends on the production changes. The short-term dynamic model will be used for assessing the labor force growth for the seven years of programming when examining two hypothetical scenarios. The two solutions will provide an overall assessment of the impact of Large Infrastructure OP on the domestic labor requirement and on the main aggregates.

Keywords: employment; European Structural and Investment Funds; Social Accounting Matrix; dynamic multisectoral model (search for similar items in EconPapers)
JEL-codes: E16 F47 H23 O52 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rjr:romjef:v::y:2015:i:4:p:134-153

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