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The Foreign Trade Impact On The Romanian Employment

Author

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  • Emilia HERMAN

    (Universitatea “Petru Maior” din Tîrgu–Mures Str. Nicolae Iorga, nr.1, Tîrgu – Mures, MURES, 540088, România)

Abstract

The economic theory and practice proves that economic growth and employment rate in each country depend on both the domestic factor and participation in foreign economic exchanges. In this study we propose ourselves to emphasize the impact of foreign trade (import and export) on labor employment in Romania, in 1991-2006. As a result of our research, in Romania a significant direct relation cannot be set statistically between dynamics of exports and dynamics of employed population, and as a result, we can state that economic theory is not proven, as regards the direct relation between export and employment. On the other hand, the theory wherein increase of imports may lead to the reduction of employment rate in Romania is proven

Suggested Citation

  • Emilia HERMAN, 2008. "The Foreign Trade Impact On The Romanian Employment," STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA, Petru Maior University, Faculty of Economics Law and Administrative Sciences, vol. 1, pages 105-117, December.
    • Handle: RePEc:pmu:oecono:v:1/2008:y:2008:p:105-117
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    More about this item

    Keywords

    foreign trade; export; import; employment; economic growth.;
    All these keywords.

    JEL classification:

    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid
    • P45 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - International Linkages

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