Business and Labour Dynamics - Interdependencies and Patterns in Selected EU Member States and the United States

摘要

The paper discusses and tests the link between business and labour dynamics, through a set of specific indicators for the business environment (business ownership rate, entry rate) and employment (annual employment growth). A model is designed for the analysis of data from five countries, focusing on Romania. We found that there is a significant correlation between the analyzed variables, underlying a strong link between business and labour dynamics in some of the countries considered. The degree of influence and strong dependence between the business environment and employment are illustrated in various ways and discussed within the paper.