Archive for the ‘Uncategorized’ Category

A MODEL OF A SYSTEM OF MONITORING AND ALERT SYSTEM OF THE RISK OF UNEMPLOYMENT – ROMANIAN CASE

Cristina LINCARU

National Scientific Research Institute for Labour and Social Protection – INCSMPS, Bucharest,, Romania
cristina.lincaru@yahoo.de

Speranta PÎRCIOG

Scientific Manager, National Scientific Research Institute for Labour and Social Protection – INCSMPS, Bucharest,, Romania
pirciog@incsmps.ro

Draga Atanasiu

National Scientific Research Institute for Labour and Social Protection – INCSMPS, Bucharest,, Romania
incsmps1@incsms.ro

Abstract

Public Employment Services (PES) have to “react efficiently and effectively to unceasingly changing public and political demand” and also to cope successfully to the growing “competitive environment’s “demand. (Public Employment Services’ Contribution to EU 2020: PES 2020 Strategy Output Paper, 2013). One direction that allow PES to “enhancing labour market transparency and providing evidence to support policy design” is to fully exploit the informational potential provided by the registered unemployment indicator in a systemic way.

In Romania the registered unemployment administrative unit is AJOFM – County Agency for Employment and Training of the Labour Force (CAE) – the PES provider at NUTS 3 level, while the lowest administrative unit is represented by localities at LAU 2 / NUTS 5 level. The ANOFM – The National Employment Agency for Labour Force in short NEA implements the policies and strategies of Labour Ministry in the field of employment and training for the persons seeking a job. The following 4 dimensions of the unemployment risks, expressed through aggregate indices for: the level, seasonality (with 2 aggregate indices), of cohesion tendency and of the density of unemployment served to make a sketch for an System of Monitoring and Alert system of the Risk of Unemployment. The Unemployment risk for each county by 10 sub-indices (5 urban and 5 rural) by the 4 dimensions of the unemployment risk at county level is represented in radar graphs. The 10 scores for each county, are compared to scores obtained at national average and with the theoretical thresholds (maximum and minimum of the intermediary categorical scale) and finally all the counties are grouped by 4 cluster types in regard with the unemployment risk: Alarm, Alert, Balance, Low risk of unemployment and figured in Maps.

Keywords: unemployment risk, registered unemployment, local level, composite indicators, monitoring and alarm system

JEL classification:
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INCREASING RETURNS IN A MODEL WITH CREATIVE AND PHYSICAL CAPITAL: DOES A BALANCED GROWTH PATH EXIST?

Amitrajeet A. BATABYAL

Department of Economics, Rochester Institute of Technology, 92 Lomb Memorial Drive, Rochester, NY 14623-5604, USA.
aabgsh@rit.edu

Abstract

In this note we study aspects of economic growth in a region that produces a final consumption good with creative and physical capital. This consumption good is manufactured with a production function that exhibits increasing returns to scale. Our analysis leads to three results. First, we compute the growth rate of creative capital in our regional economy. Second, we show that despite the presence of increasing returns, the regional economy under study converges to a balanced growth path (BGP). Finally, we compute the growth rates of physical capital and output on the BGP.

Keywords: Balanced Growth Path, Creative Capital, Creative Region, Economic Growth, Increasing Returns

JEL classification: R11, D20
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EMPLOYMENT AND HUMAN CAPITAL IN THE GREEK HOTEL INDUSTRY

Efstathios VELISSARIOU
Department of Business Administration – Division of Hospitality management
Technological Educational Institute of Thessaly, GR
belissar@teilar.gr

Christos AMIRADIS
Department of Business Administration Division of Hospitality management
Technological Educational Institute of Thessaly, GR
amic@teilar.gr

Abstract
Tourism can have significant impacts on employment in tourist destinations. It must be also noted that the human capital in the tourism sector, and more specifically in hotels, constitutes a basic factor of quality. The effectiveness of service in the Hotel industry is often linked with the sufficient number of hotel personnel, their individual qualities and efficient Human resources management. The development of the hotel industry in Greece and the resulted employment and characteristics of the human resources in relationship to the hotel classification are presented in the present paper.
The paper presents and compares studies and statistical data related to employment and the human capital in the hotel industry in Greece. Several studies in the last years dealt with the volume and the characteristics of employment in the hotel enterprises in Greece. These studies show that the indicator “employee per bed”, as well as the educational level of the employees, are directly related to the category classification of the hotels. Furthermore the employment in the hotel sector in Greece is calculated at 3.2% of total employment, while the employment in the tourism sector is estimated at 10% of the labor force in Greece. The paper concludes with proposals regarding the employment of personnel in the Greek hotel industry.

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