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European Structural Funds and Labor Force Requirement in Romania

Author

Listed:
  • Maurizio Ciaschini

    (University of Macerata, Department of Economics and Law, Via Crescimbeni 14, 62100 Macerata - Italy.)

  • Andrea Karim El Meligi

    (University of Macerata, Department of Economics and Law, Via Crescimbeni 14, 62100 Macerata - Italy.)

  • Nicoleta Anca Matei

    (European Commission, Joint Research Centre - Institute for Prospective Technological Studies, Seville.)

  • Rosita Pretaroli

    (University of Macerata, Department of Economics and Law, Via Crescimbeni 14, 62100 Macerata - Italy.)

  • Claudio Socci

    (University of Macerata, Department of Economics and Law, Via Crescimbeni 14, 62100 Macerata - Italy. Corresponding Author.)

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.

Suggested Citation

  • Maurizio Ciaschini & Andrea Karim El Meligi & Nicoleta Anca Matei & Rosita Pretaroli & Claudio Socci, 2015. "European Structural Funds and Labor Force Requirement in Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 134-153, December.
    • Handle: RePEc:rjr:romjef:v::y:2015:i:4:p:134-153
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    References listed on IDEAS

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    Cited by:

    1. Irfan Ahmed & Claudio Socci & Rosita Pretaroli & Francesca Severini & Stefano Deriu, 2022. "Socioeconomic spillovers of the 2016–2017 Italian earthquakes: a bi-regional inoperability model," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(1), pages 426-453, January.

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    More about this item

    Keywords

    employment; European Structural and Investment Funds; Social Accounting Matrix; dynamic multisectoral model;
    All these keywords.

    JEL classification:

    • E16 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Social Accounting Matrix
    • F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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