Current issue

No. 3 / 2026 — Autumn

Peer-reviewed articles in economics, finance, public policy, and sustainable development.

0 Articles
Open access

Theoretical and Applied Economics
No. 10 / 2013 (587)

The role of the human capital and investment in human capital within the sustainable socio-economic development. How labour force migration affects competitiveness?

Liana SON
West University of Timisoara
Graţiela Georgiana NOJA
West University of Timisoara

Abstract. The research aims to analyse the role played by the human capital investment in shaping international migration trends and influencing socio-economic development for the EU New Member States during the last decade. Our analysis is based on developing double-log macro-econometric models that combine cross-sections and time series in a panel structure, by using a set of indicators specific for the migration process, as well as for the economic activity and education, as main explanatory variables. Furthermore, the study focuses on a comparative approach for New Member States, our random and fixed effects models using several quantitative and qualitative proxies in order to highlight the relationship and interdependence between emigration, human capital investment and socio-economic development.

Keywords: education; international migration; economic development; competitiveness; macro-econometric modelling.

Contents

The corrective austerity
Marin Dinu
1

The Balkan balneotherapy product – an approach from the destination marketing perspective

Aurelia-Felicia STĂNCIOIU · Andreea BOTOȘ · Ion PÂRGARU

2

A new vision on competitiveness within the post-crisis economy. Causes, evolutions and possible innovative solutions to fight against the undesirable effects of the economic crisis

Laura Mariana CISMAŞ · Ruxandra Ioana PITORAC

3

Estimating the size of Romanian shadow economy using Gutmann’s simple currency ratio approach

Adriana Ana Maria DAVIDESCU (ALEXANDRU)

4

Motivation of the public employee in Romania in the context of the economic crisis

Amalia CRISTESCU · Larisa STANILĂ · Mădălina Ecaterina ANDREICA

5

Urban revitalisation in the creative economy and the development of the creative society

Mina FANEA-IVANOVICI

6

Modeling the relationship between GDP and unemployment for Okun’s law specific to Pakistan during 1976-2010

Muhammad Aamir KHAN · Abdul SABOOR · Sarfraz Ahmad MIAN · Aftab ANWAR

7

Education for sustainability – a prerequisite for post-crisis economic competitiveness with possible inference for Romania

Camelia Iuliana LUNGU

8

Forecasting of the economic crisis using business cycles patterns

Cristina VIŞAN · Dorel AILENEI

9

The role of the human capital and investment in human capital within the sustainable socio-economic development. How labour force migration affects competitiveness?

Liana SON · Graţiela Georgiana NOJA

10

Costing systems design for sustainability

Mihaela TURTUREA · Radu Dan TURCU