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The Econometric Modelling of the Number of the Unemployed in the SE Region of Romania According to the Number of Higher Education Graduates and the Investment Level

Author

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  • Aivaz Kamer Ainur

    (OVIDIUS University of Constanta, Romania, Faculty of Economical Sciences)

Abstract

The purpose of this research was to identify several features of the unemployment phenomenon in the SE region of Romania, using several of the most significant indicators highlighting the main correlations between specific labour market indicators and an indicator by which we can assess the economic development degree of a country. The resulted regression equations, tested from the point of view of their significance, allow, on the one hand, the assessment of the existing situation and, on the other hand, the performance of the forecasting calculations required to develop different scenarios and strategies for attracting investments and EU funds in order to reduce the number of the unemployed and to absorb higher education graduates on the labour market.

Suggested Citation

  • Aivaz Kamer Ainur, 2012. "The Econometric Modelling of the Number of the Unemployed in the SE Region of Romania According to the Number of Higher Education Graduates and the Investment Level," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 317-320, Decembre.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:317-320
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    More about this item

    Keywords

    the econometric modelling; unemployment phenomenon; labour market indicators; the multivariate analysis.;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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