The Influence of Business Cycles on the European Chemical Industry

被引:0
|
作者
Dascalu, Elena-Doina [1 ,2 ]
Bostan, Ionel [1 ,3 ]
Popescu, Cristian [4 ]
Robu, Ioan-Bogdan [4 ]
Mihai, Costica [4 ]
Firtescu, Bogdan [4 ]
Istrate, Costel [4 ]
机构
[1] Romanian Court Accounts, 22-24 Lev Tolstoi Str, Bucharest 011948, Romania
[2] Spiru Haret Univ, Fac Econ, 13 Ion Ghica Str, Bucharest 030045, Romania
[3] Stefan Cel Mare Univ, Doctoral Schoool Econ, 13 Univ, Suceava, Romania
[4] Alexandru Ioan Cuza Univ, Fac Econ & Business Adm, 22 Carol 1 Blvd, Iasi 700505, Romania
来源
REVISTA DE CHIMIE | 2016年 / 67卷 / 01期
关键词
Chemical industry; production; economic crisis; technology;
D O I
暂无
中图分类号
O6 [化学];
学科分类号
0703 ;
摘要
The article assesses how the chemical sector responds to oscillations in the economic cycle, given that industries do not react in the same way under the influence of macroeconomic frictions. The basic hypothesis is that the chemical industry, which is part of the sector of medium-high technology industries, was affected by the 2008-2011 crisis differently, compared to the rest of the industries. Since it has a higher labour productivity, it is expected that its decline was less visible than that of the European economy, taken as a whole. Our study analyses data from a sample that covers the 28 states of the European Union, and the analysed period is from the year 2000 to 2014.
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页码:195 / 198
页数:4
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