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|Title: ||Transaction Employment in the USA and Bulgaria 1997 to 2006.|
|Authors: ||Egbert, Henrik|
|Keywords: ||transaction sector; transaction employment; transaction costs measurement|
|Issue Date: ||20-Mar-2013|
|Abstract: ||We compare transaction employment in the USA and Bulgaria from 1997 to 2006. Transaction employment reflects the labour inputs which are necessary to run institutions in a national economy. We measure these inputs as a share of GDP. Our results show that a relatively constant share of about 30% of GDP relates to transaction employment in the USA. In the transitional economy of Bulgaria this share increases from 8% to 12 %. This paper deals with a particular aspect of the transaction sector concept and adds to the discussion on the methodology for cross-country comparisons.|
|Description: ||Egbert, H. and Ivanova, M. (2012) Transaction Employment in the USA and Bulgaria 1997 to 2006. Yearbook of the Faculty of Economics and Business Administration, Sofia University, Vol. 10, pp. 75-90, Sofia: Sofia University.|
|Appears in Collections:||Statistics and Econometrics / Статистика и иконометрия|
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