scholarly journals PRODUCTIVITY GROWTH AND FACTORS AFFECTING LABOR PRODUCTIVITY IN EGYPTAIN ECONOMIC SECTORS

2011 ◽  
Vol 14 (1) ◽  
pp. 265-277
Author(s):  
G Nawara ◽  
M Elbaz ◽  
A Attia
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Economic Sectors ◽  
Factors Affecting

An Analysis of The Contribution of Economic Restructuring to Social Labor Productivity Growth: A Case Study of Vietnam

2019 ◽  
pp. 51-68
Author(s):  
Duc Le Huy
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Value Added ◽  
Economic Restructuring ◽  
Total Output ◽  
Economic Sectors ◽  
The Social ◽  
Output Ratio ◽  
Labor Structure ◽  
Social Labor

This study analyzes and proposes a method to examine the impacts of sectorial restructuring on social labor productivity (LP) growth when changing the proportion of each sector in the total output values and the value-added rates out of sector outputs. This method aims to supplement or replace the shift share analysis (SSA)1, in which the central variable is the labor structure, with an application on the output. This new approach helps to avoid errors in calculation, and considers the aggregation of growth factors rather than labor mobility itself; hence, it provides a more comprehensive explanation of the origins of productivity growth and a meaningful assessment to improve the policies on restructuring economic sectors. The research uses methods of decomposing LP growth and explains the influence of factors contributing to productivity growth including: output restructuring, changing the quality of economic growth measured by the valueadded to gross output ratio, combination of interactions between structural change and change in value-added, and correlation between production expansion and labor attraction. The research analyzes the LP in Vietnam during 2000-2017 based on data collected from the general statistics office (GSO). Results show that the LP growth rate of Vietnam in recent years has improved but slowly due to the inefficient economic restructuring. It sheds light on proposing recommendations to increase the social labor productivity in Vietnam.

Supporting Employment and Improving the Efficiency of the Labor Market to Ensure Productivity Growth in the Tula Region

2021 ◽  
Vol 9 (2) ◽  
pp. 15-20
Author(s):  
M. Bykova ◽  
Irina Savina ◽  
Andrey Shishkin
Keyword(s):  
Labor Market ◽  
Retrospective Analysis ◽  
Labor Productivity ◽  
Unemployment Rate ◽  
Productivity Growth ◽  
State Policies ◽  
Regional Level ◽  
Factors Affecting ◽  
The Relationship

The paper provides a retrospective analysis of the relevance of the productivity issue. Various approaches to the possibility of increasing this indicator at the regional level based on the identification of various factors are considered. An analysis of projects devoted to increasing labor productivity in the Tula region and contributing to supporting employment was carried out. The need to use employment indicators as factors affecting productivity is justified. An analysis of the relationship between regional and state policies in support of employment in the region and the main indicators of the unemployment rate was carried out. On the example of the Tula region, the need for sectoral analyses in order to identify advanced industries at the regional level is justified. Optimization of programs at both regional and federal levels is proposed, taking into account the needs of advanced industries in the field of training.

Opportunities for accelerating labor productivity growth: The role of small and medium enterprises

2020 ◽  
pp. 98-114
Author(s):  
Evguenia V. Bessonova ◽  
Alexander G. Morozov ◽  
Natalia A. Turdyeva ◽  
Anna N. Tsvetkova
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Small And Medium Enterprises ◽  
Growth Potential ◽  
Business Climate ◽  
Labor Productivity Growth ◽  
Positive Effects ◽  
Low Efficiency ◽  
Medium Enterprises ◽  
Medium Firms

The paper considers necessary conditions for acceleration of labor productivity growth in Russia. Based on micro data, as well as aggregate data, the paper quantifies the contribution of small and medium firms to labor productivity growth. It shows that mere increase of the number of small and medium enterprises is not as important for positive effects of these programs, as qualitative improvements: development of favorable environment for growth, which is largely determined by business climate. Accelerating productivity growth involves redistribution of labor and capital from inefficient to efficient enterprises. In particular, it is necessary to create conditions, which allow a firm to grow after it enters the market instead of stagnating as a small firm with low efficiency. At the same time, it is necessary for ineffective firms, which exhausted their growth potential, to have an opportunity to exit the market easily leaving resources including labor to fast-growing companies.

scholarly journals Evolutionary economics: Crisis, transformation and metamorphosis

2021 ◽  
pp. 1-8
Author(s):  
Milan Zeleny
Keyword(s):  
Growth Rate ◽  
Productivity Growth ◽  
Driving Force ◽  
Evolutionary Economics ◽  
Regional Economies ◽  
Economic Evolution ◽  
Economic Sectors ◽  
Advanced Economies ◽  
First Time

Most world economies are undergoing fundamental transformations of economic sectors, shifting their employed workforce through the secular sequence of (1. Agriculture⟶2. Industry⟶3. Services⟶4. Government). The productivity growth rate is the driving force. Most advanced economies have reached the final stages of the sequence. Assorted recessions, crises and stagnations are simply cofluent, accompanying phenomena. Crises might be cyclical, but economic evolution is unidirectional. Traditional economics can hardly distinguish phenomena of crisis from those of the transformation. Because there is no “fifth sector”, some economies are entering the phase of metamorphosis, for the first time in history. Metamorphosis is manifested through deglobalization, relocalization and autonomization of local and regional economies. We are entering the Age of Entrepreneurship.

scholarly journals Intangible Assets and Labor Productivity Growth

Economies ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 82
Author(s):  
Carolina Hintzmann ◽  
Josep Lladós-Masllorens ◽  
Raul Ramos
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Intangible Assets ◽  
Manufacturing Sector ◽  
Intangible Asset ◽  
Labor Productivity Growth ◽  
Eu Member States ◽  
Different Types ◽  
European Economies ◽  
D Investment

We examine the contribution to labor productivity growth in the manufacturing sector of investment in different intangible asset categories—computerized information, innovative property, and economic competencies—for a set of 18 European countries between 1995 and 2017, as well as whether this contribution varies between different groups of countries. The motivation is to go a step further and identify which single or combination of intangible assets are relevant. The main findings can be summarized as follows. Firstly, all the three different categories of intangible assets contribute to labor productivity growth. In particular, intangible assets related to economic competences together with innovative property assets have been identified as the main drivers; specifically, advertising and marketing, organizational capital, research and development (R&D) investment, and design. Secondly, splitting the sample of European Union (EU) member states into three groups—northern, central and southern Europe—allows for the identification of a significant differentiated behavior between and within groups, in terms of the effects of investment in intangible assets on labor productivity growth. We conclude that measures promoting investment in intangibles at EU level should be accompanied by specific measures focusing on each country’s needs, for the purpose of promoting labor productivity growth. The obtained evidence suggests that the solution for the innovation deficit of some European economies consist not only of raising R&D expenditure, but also exploiting complementarities between different types of assets.

Prospects for the Growth of Labor Productivity in the Transition to Postindustrial Technological Paradigms

2021 ◽  
pp. 56-59
Author(s):  
Leonid Basovskiy
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Developed Countries ◽  
Sixth Order ◽  
Short Term ◽  
Economic Dynamics ◽  
Russian Economy ◽  
Logical Order ◽  
Technological Paradigms

The purpose of the work was to determine the value of labor productivity pro-vided by the fourth, fifth and sixth technological modes. Based on the modeling of Kondratyev's cycles and technological structures in the economic dynamics of devel-oped countries, econometric estimates of labor productivity obtained. It has been estab-lished that during the transition from the fourth to the fifth technological order, the growth of labor productivity in developed countries is ensured from 2.0 to 8.0 times, an average of 4.8 times. In the transition from the fourth to the sixth technological order, the growth of labor productivity in developed countries is ensured from 6 to 17 times, an average of 10.1 times. In the transition from the fifth to the sixth order, the techno-logical order provides an increase in the forgiveness of labor from 1.5 to 3.2 times, on average 2.4 times. In the Russian economy, in the short term, with the transition to the fifth technological order, one can expect productivity growth from 2 to 8 times com-pared to the beginning of the 2000s. In the long term, in the Russian economy during the transition to the sixth technological order, one can expect productivity growth from 6 to 17 times compared to the beginning of the 2000s.

Research Insights: Can Better Infrastructure Offset the Negative Impacts That COVID-19 Has Had on Productivity in Different Economic Sectors?

2021 ◽  
Author(s):  
Hildegart Ahumada ◽  
Eduardo A. Cavallo ◽  
Santos Espina-Mairal ◽  
Fernando Navajas
Keyword(s):  
Latin America ◽  
Labor Productivity ◽  
Economic Sectors ◽  
Social Distancing ◽  
Productivity Losses ◽  
Negative Impacts ◽  
Indirect Impacts

The effects of COVID-19 have been stronger in service-related subsectors, where supply and/or demand were constrained by lockdowns and social distancing measures. The losses in these subsectors have had direct impacts-through their weight in countries GDP-and indirect impacts through their effect on other sectors. In Latin America, effects on the three most affected sectors-wholesale, retail, and hospitality services; construction; and manufacturing-add up to a 4.9 percent hit to economy-wide labor productivity through direct and indirect channels. Large productivity improvements in infrastructure may be needed to fully compensate for the negative productivity losses traceable to COVID-19.

The cultural dividend: a hidden source of economic growth in emerging countries

2017 ◽  
Vol 24 (4) ◽  
pp. 590-616 ◽  
Author(s):  
Shaomin Li ◽  
Seung Ho Park ◽  
David Duden Selover
Keyword(s):  
Economic Growth ◽  
Labor Productivity ◽  
Productivity Growth ◽  
Large Scale ◽  
Cultural Factors ◽  
Content Type ◽  
Economic Productivity ◽  
Large Scale Data ◽  
Productivity Gains

Purpose The purpose of this paper is to develop the theoretical linkage between culture and economic growth and empirically test the relationship by measuring culture and how it affects labor productivity. Design/methodology/approach This study uses a cross-section study of developing countries and regresses economic productivity growth on a set of control variables and cultural factors. Findings It is found that three cultural factors, economic attitudes, political attitudes, and attitudes towards the family, affect economic productivity growth. Originality/value Many economists ignore culture as a factor in economic growth, either because they discount the value of culture or because they have no simple way to quantify culture, resulting in the role of culture being under-researched. The study is the first to extensively examine the role of culture in productivity growth using large-scale data sources. The authors show that culture plays an important role in productivity gains across countries, contributing to the study of the effects of culture on economic development, and that culture can be empirically measured and linked to an activity that directly affects the economic growth – labor productivity.

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