Structural Changes and Convergent Processes of Employment in Bulgaria and Romania
Structural Changes and Convergent Processes of Employment in Bulgaria and Romania

Author(s): Silvia Gospodinova
Subject(s): Politics / Political Sciences, Economy, Business Economy / Management, Political Sciences, Comparative politics, Human Resources in Economy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: economic structure; employment structure; structural convergence; sigma convergence; divergence index
Summary/Abstract: The report analyzes the structure and convergent processes of employment in the Bulgarian and Romanian economies for the period 2000-2020, and examines the dynamics of relative shares and rates of change for the respective period. In order to quantitatively measure the degree of convergence/divergence, a divergence index and a difference index were calculated, comparisons with other EU countries with similar characteristics were used, and some possible explanations and consequences of the structural changes that took place were also derived. Overall, the results show a slow process of convergence of the sectoral structure of employment of the Bulgarian and Romanian economies with that of the Eurozone, which continues throughout the period, regardless of some specifics before and after the global recession.

• Details
• Contents