scholarly journals Labour productivity and its assessment

Labour market is one of the most important factors of economic growth, which is mainly determined by labour productivity. Disparity between wage and growth of labour productivity prevents the economies of the Eastern European countries from growing. Despite the radical economic reforms in Eastern Europe, one can still observe high unemployment rate, low labour productivity, deterioration in the quality of labour. New institutions in the labour market are designed to strengthen and adopt formal institutions, promote stable demand for labour and income policy. The article focuses on a critical analysis of theoretical approaches to labour productivity and empirical assessment of productive efficiency in Kharkiv region. State policy on supporting training and education affects the future opportunities for individuals and the ability of firms to enter new markets and adopt new technologies. It is also supposed to facilitate the allocation of labour by its productivity rate as well as help employees to cope with mobility. Improving the regional investment attractiveness goes hand in hand with enhancing human capital. A skilled workforce is essential for firms to adopt new and more productive technologies, and a better investment climate enhances the returns of investment in education. As firms are offered more opportunities and better access to new technologies, the demand for more skilled workers increases and the firms have stronger incentives to get engaged in growth-enhancing activities, which raise both individual and social returns to education. From the investment climate perspective, the main issues are how labour market interventions influence the opportunities and incentives for firms to invest in a productive way, to create jobs and expand operations. Regulations might reduce incentives for attracting new investments, adjusting the organization of work, taking advantage of new technologies, or hiring more employees.

Author(s):  
Mariana Bălan

Abstract Even if the issue of youths’ inclusion in the labour market was always an important item on political agendas, during the last two decades this issue had particular relevance. In the last years, unemployment for this age group had unprecedented amplitude, reaching 20.6% in Romania in 2016. Modern societies provide for youths opportunities, still they are faced with major challenges related to the education and training and access to the labour force market. During the last decades, the world economy shifted in a continuous process from development based on traditional factors to the knowledge-based economy. The development of the knowledge-based economy leads to changes in labour force demand also: new skills and competences are required. As new technologies are implemented, the demand for high-skilled workers increases, especially for high-skilled ones in the field of Information and Communication (IC), and the demand for low-skilled workers decreases. The paper presents a brief characterisation of the labour force market at the level of Romania‘s regions of development and an analysis of the particularities of the youths’ labour market in the context of sustainable development and of the new economy as well as some advantages of using young labour force for sustainable development.


2020 ◽  
Vol 10 (2) ◽  
pp. 115-126
Author(s):  
Stela Prvonožec

Labour market, value of wages and standard of living are inextricably linked determinants of economic development. Croatian GDP, living standards and purchasing power of the population are among the lowest in Europe. Wage growth in Croatia is present, but, as in most Central and Eastern European countries, it is not accompanied by an increase in labour productivity. The majority of the income of the Croatian population is spent on food, which is associated with low productivity of the economy. There is a significant dependence on social transfers in the structure of the household income, which, for a significant share of the population, represent the difference between poverty and relatively normal life. Croatia has failed to create economic models that enable economic growth through technological progress and strengthening of labour productivity. In order to improve the standard of living in the Republic of Croatia, it is necessary to solve the structural problems present in the labour market and create economic policies that encourage economic growth. This paper analyses the relationship between the value of wages, labour market and standard of living in the Republic of Croatia. The hypothesis is that structural problems in the Croatian labour market affect the value of wages, and consequently the standard of living of Croatian citizens. The aim of this paper is to analyse the structural problems on the labour market in Croatia and their impact on the value of wages. The purpose of this paper is to point out the importance of an efficient labour market in the national economy of the Republic of Croatia.


2020 ◽  
Vol 16 (1) ◽  
pp. 21-32
Author(s):  
Vyacheslav N. Bobkov ◽  
Natalia V. Loktyukhina

The Object of the Study. Informal employment in Russia, factors affecting the development of informal employment. The Subject of the Study. Socio-economic policy in connection with the development of non-standard forms of employment in Russia. The Purpose of the Study. Developing of proposals for the transformation of socioeconomic policy in the context of the development of non-standard forms of employment in Russia. The Main Provisions of the Article. The main factors influencing the development of non-standard forms of employment are: the development of information and communication technologies and robotics, changing consumer preferences, demographic factors, changing the quality of the workforce, institutional factors, globalization. The proposals on the directions of socioeconomic policy, necessary for a positive impact on the situation with the state and development of precarious work in Russia are substantiated. The objective of such a policy in terms of precarious work is to reduce (reduce to “no”) its risks, expand positive opportunities for the parties to labour relations and society as a whole in the context of the development of the ICT and robotization. Measures are proposed in the field of the “lifelong learning” program, state regulation of the labour market (including in terms of improving the activities of state and non-state employment services, unemployment benefits, electronic personnel management), the development of a social partnership system (primarily in terms of improving activities of trade unions), the development of external institutions affecting the labour market and employment (Tax policy, Informing on the state of legal regulation labor relations). It is advisable to update the National Project “Labour Productivity and Employment Support”, providing for the whole range of issues of promoting productive employment, due to the development of its non-standard precarized forms.


2014 ◽  
Vol 2 (2) ◽  
pp. 221
Author(s):  
Lembo Tanning ◽  
Toivo Tanning

<p><em>One of the main aims of the European Union (EU) is the European competitiveness. To achieve this goal, it is important to study the lessons of the economic crisis. This in turn allows the development of measures.</em></p> <p><em>The aim of this article is to analyse the economic crisis lessons of the transportation and storage<strong> </strong>enterprises of Poland and other new EU Member States from Central and Eastern Europe (CEE-8), and to compare them on the EU level.</em></p> <p><em>The purpose </em><em>is to analyse the labour productivity<strong> </strong>before and after the economic crisis by<strong> </strong>gross value added per person employed and employee and turnover per person employed.</em></p> <p><em>We will look at how the economic crisis has affected the labour productivity of transportation companies and analyze the changes in the companies. </em></p> <p><em>In the background, we look at the countries’ economic (GDP) development and quality of life. </em></p> <p><em>What are the lessons learned from the economic crisis?</em></p> <p><em>The literature review shows the </em><em>crisis theory. </em></p> <p><em>We present for discussion the objective and subjective factors of the economic crisis of the companies.</em></p> <p><em>Based on this and previous publications, we will offer a number of generalized suggestions.</em></p>


2021 ◽  
Author(s):  
Hanna Stupniker ◽  
◽  
Valentina Babenko ◽  

Under the influence of globalization and integration of economic processes in the domestic economy, the importance of intellectual resources is growing. Based on its use in economic activities, enterprises and organizations are able to realize their intellectual capital. The main condition for the formation of this special type of capital is the presence of intellectual potential that arises in the process of manifestation of intellectual abilities and professional competencies of the company's staff. The intellectual component is the fundamental basis of the system of relations between science, industry and society. Therefore, educational institutions play an important role in raising the intellectual level of the national economy. The theoretical approaches to determining the economic essence of the intellectual capital of higher education institutions have beem summarized in this article and the main aspects of realizing the intellectual potential of educational and research institutions in Ukraine have been explored. The availability of intellectual capital allows scientific organizations to formalize and implement in the market various forms and types of knowledge: research, skills, experience, competencies, professional skills. The purchase of knowledge allows commercial organizations to significantly increase the level of their technical and technological solutions, develop know-how, to acquire ownership of the right to use knowledge in the form of patents, licenses, franchises. On this basis, the production of new products can be carried out; use of new technologies, new management methods; creation of a trademark; development of new activities; entering new markets. The implementation of the socio-economic policy of the state should be based on the intensification of intellectual activity of higher education institutions, because in market conditions it is the state that should stimulate educational institutions to form intellectual capital. The important role of intellectual capital of higher education institutions is manifested in the fact that it allows them to become intellectual enterprises and significantly affect the national economy by increasing its competitiveness.


Author(s):  
Csaba Forgacs ◽  

The paper deals with the main directions of specialization in Central and Eastern European Countries’ (CEECs, EU10) agriculture after the EU’s Eastward Enlargement. We analyse and compare growth and productivity advantages of specialized farm types by physical size (in hectare) in EU10 member-states to the EU10/27/15 average based on EUROSTAT data in the period of 2005-2016. We focus on exploring the main directions of specialization using such indicators as the number of specialized farms, land (Utilized Agricultural Area, UAA) and labour (Agricultural Working Unit, AWU) use on the input side, average farm size by land and labour use as well as area-, labour-, and total productivity on the output side. We conclude that the directions of specialization in farming in EU10 were based on the traditional farm production structure making the latter better able to adjust and take advantages of Common Agricultural Policy. Concerning production growth rate, the three leading specialization types of CEECs’ farms were: (i) cattle rearing and fattening, (ii) cereals, oilseed and protein crops and (iii) fruits and citrus fruits. These three specialization types of farms – in the same ranking order - also increased land (UAA) and labour (AWU) use well above the average. Specialized cereals farms and cattle rearing and fattening farms were also ranked in top three by number. Both cereals and fruits specialized farms have leading position in growth rate of land and labour use and also are in top three in growth rate of land area and total farm productivity. Cereals and fruits specialized farms also more than doubled labour productivity during the first decade after the EU’s Eastward enlargement but did not rank in the top three in this category.


2017 ◽  
Vol 10 (4) ◽  
pp. 221 ◽  
Author(s):  
Boris V. Makogon ◽  
Mihail I. Nikulin ◽  
Valerij N. Samsonov ◽  
Marina A. Sorokoletova ◽  
Olesya O. Tovstukha

This article examines the theoretical approaches and legislative decisions of the Eastern European states’ cocerning the purposes and principles of administrative proceedings. Based on the analysis of relevant scientific works and legislation, it has been concluded that both the objectives of administrative proceedings and its principles relate to the human rights and freedoms. At the same time, the doctrinally articulated objectives do not find their systematic reflection in the legislation, and the principles are a universal legal element that determines the relationships between the executive authorities and citizens.


Author(s):  
Alejandro Nin-Pratt

This chapter discusses the economic impact of science-based research in agriculture. Global agriculture was transformed in the 20th century by the Green Revolution that resulted from applying Mendelian genetics to crop and animal breeding. Developments of biotechnology in the last 20 years marked the dawn of a gene revolution that is thought to replace Mendelian genetics as the driver of technical change in agriculture. In recent years and still far from reaching the full potential impact of biotechnology in agriculture, developments in nanotechnology promise to further push the research and innovation frontier in agriculture. In this new environment, the private sector emerges as the main actor in agricultural R&D displacing the public sector, which played a central role during the Green Revolution period. However, more public investment in R&D rather than less and new institutions will be needed in developing countries if they are to benefit from the new technologies.


Author(s):  
Pinar Feyzioglu Akkoyunlu

Education in general is considered and its effect on economic and human development is questioned via the Human Development Index criteria. Education as an investment to human capital is discussed. Secondly, the demand for highly skilled workers and the relation between employment and new technologies are analyzed. The high rate of unemployment of educated youth is a disadvantage for economic and social stability. The importance of vocational education in overcoming this unemployment problem is discussed. Third, the Turkish and German economies and education systems in particular are compared. In Turkey, there is an increase in the number of university graduates but also there is an increase in the number of unemployed educated young people. In this perspective school-based education, a dual system in which school-based education is combined with firm-based training and informal training is explained. The German system is investigated with a view to obtain clues for an efficient education system.


2017 ◽  
Vol 72 (3) ◽  
pp. 574-595 ◽  
Author(s):  
Ilona Kovács ◽  
João Dias ◽  
Maria da Conceição Cerdeira

This paper seeks to capture how unions are perceived by young workers in Portugal and to identify different types of perceptions. Our analysis considers both structural factors and subjective experiences and is based on semi-structured interviews with young people working in sectors with a high concentration of youth employment. The fact that young workers are increasingly exposed to the pressures of unemployment and precarious work might suggest that there is homogeneity in their perceptions about trade unions and collective action. However, our results show that young workers’ perceptions are not homogenous and that they interconnect with distinct segments, characterized by different socio-economic conditions, as defined by family status, education level and position in the labour market. Three types of perceptions were identified by content analysis of the interviews: positive, negative and critical perceptions. A final segment of younger and less-skilled workers, of families with low educational and economic resources and having left school prematurely, have neither information nor any understanding about unions. Our findings support the thesis that diversity of educational and early labour market experiences, which characterize transition processes to adulthood, shape the relation between young workers and unions, in particular the motivation to join unions. Capturing the diversity of young workers experiences and perceptions is a challenge to industrial relations research, as well as to trade unionism. It can provide unions with important insights into how to adapt their strategies to recruit new young members and to mobilize the latent interests of young workers in collective action.


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