Labour Productivity Gaps in the Trade Industries in Bulgaria and Some European Countries

Violeta Dimitrova

Economic Studies journal, 2023, issue 6, 54-75

Abstract: In recent years the question of labour productivity has gained new relevance as a result of digitalization and economic crises, and their effects on the transformation of distributive trade business. The purpose of this study is to make a comparative analysis of labour productivity in the wholesale and retail trade in Bulgaria and ten countries of Central and Eastern Europe that have made the transition to a market economy and to bring out the trends and reasons for the labour productivity gap. The analysis is descriptive and mainly uses the outpace ratio to measure the productivity gap between Bulgaria and each of the countries through a comparison of two main indicators: turnover and gross margin per person employed. The data from Eurostat are used with a focus on the period between the two economic crises in 2008 and 2020-2021.

JEL-codes: M21 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2023:i:6:p:54-75

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