Dear colleagues, what modern theories, studies and macroeconomic methods for increasing labor productivity do you know? Thank you.
Dear Mr. Mikhnenko,
Productivity is commonly defined as a ratio of a volume measure of output to a measure of input use. Among other productivity measures such as multi-factor productivity or capital productivity, labour productivity is particularly important in the economic and statistical analysis of a country. Labour productivity is a revealing indicator of several economic indicators as it offers a dynamic measure of economic growth, competitiveness, and living standards within an economy. It is the measure of labour productivity which helps explain the principal economic foundations that are necessary for both economic growth and social development.
Although the ratio used to calculate labour productivity provides a measure of the efficiency with which inputs are used in an economy to produce goods and services, it can be measured in various ways. Labour productivity is equal to the ratio between a volume measure of output and a measure of input use :
Labour productivity =(gross domestic product or gross value added)/(the total number of hours worked or total employment).
Please consult the following work: OECD Publications. Measuring productivity – OECD Manuel: measurement of aggregate and industry-level productivity growth. 2001.
Dear colleague, the measuring labor productivity is related with economic variables of economic units defined in European System of account 2010. They can be national states or regional and local entities as well as financial and non-financial companies.
To define the scenario of research I could consider
1. Factors of behavior of companies, which are defined in COSO report: components, activities and objectives.
2. Materiality of productivity: Report of management issued by listed companies.
These items can will be references for research the productivity, but there a relative issue to both previous items: The location of companies
According result of my research, companies adopt cultures where they are located on a region or spatial location. Applying Accounting Methology of Radar Charts arise several kinds of management that a company can adopt about its answers to perturbation of markets. It allows to guide previously the research according to Kinds of management adopted by companies on period of analysis. So that, the analysis will be independent of time or year on companies take decision.
The different kinds of management allow consider effects of location of companies of Krugman's theory and cos of transactions of Williamson because the internal environment of companies (COSO) is adjust to environment of location companies or spatial economic culture.
Main subject is the last one, the spatial analysis because their productivity is affects from it. So that, kinds of management make a previous segmentation of the sample according a behavior and it guaranty a consistent result due to nature of indicators obtained in Accounting Methodology of radar chart. The manuscript is a hard work on that direction.
Steps: Theoretical framework: COSO. Apply indicator: Report of management to listed companies. Alternative: Segmentation of sample the Accounting Methodology of Radar Chart.
I hope that the information provided was of interest
Labour Productivity: what theories and methods for increasing do you know?
My personal experience in IT outsourcing indicating labor productivity also can be achieved via learning curve theory besides technological enablement etc. i.e. the more a worker is exposing to a job, more productive or lesser effort is needed. However, we also need to consider other possible outcomes like boredom, multi-tasking etc. that might be counter-productive.
real and human capital and technological progress are the most important factors to increase per capita output. You must read a good book about economic growth: Jones, C. I. and D. Vollrath, Introduction to Economic Growth, third Edition, 2013
Many thanks, dear colleagues Miguel Angel Pérez Benedito, Han Ping Fung, Horst Rottmann, Othmane Fahim, Yuri Mansury!
An article you can access from this link, may of relevance to you;
Article Labour productivity: comparative measures and quality issues
Hi. You may refer to this journal for more information regarding the labour productivity issue.
Article The use of supply chain management to overcome low labour pr...
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