CONSIDERATIONS ON THE FACTORS OF ECONOMIC GROWTH AND LABOR PRODUCTIVITY IN THE EU

Through this research we aim to identify and analyze the factors of increasing labor productivity in the conditions of internationalization of national economies. Labor productivity is determined by natural factors, technical factors, economic factors, social factors, management methods used. Taking...

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Published inAnale. Seria stiinte economice Vol. XXIV; no. 24; pp. 20 - 26
Main Authors Dudă-Dăianu, Dana-Codruţa, Abrudan, Denisa
Format Journal Article
LanguageEnglish
Published Editura Eurostampa 2019
Eurostampa Publishing House
Subjects
Economic development
EU-Accession / EU-DEvelopment
Labor relations
National Economy
European Union
economic development
labor productivity
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Summary:Through this research we aim to identify and analyze the factors of increasing labor productivity in the conditions of internationalization of national economies. Labor productivity is determined by natural factors, technical factors, economic factors, social factors, management methods used. Taking into account all the determinants of labor productivity, the “Hard” Matrix Model was developed to determine the main indicators for its increase by calculating the Labor Productivity Index. The main objective of the paper is to identify by the Hard matrix method the specific determinants of the factors of growth or stagnation of labor productivity in the EU.
ISSN:1582-2680
1582-6333