SECTORAL LEVEL DISPARITIES BETWEEN LABOR PRODUCTIVITY AND WAGESIN BULGARIA

Silvia Gospodinova ()
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Silvia Gospodinova: University of Economics–Varna, Bulgaria

Economic Science, education and the real economy: Development and interactions in the digital age, 2020, issue 1, 402-411

Abstract: Labor productivity is the best indicator of the efficiency of the labour force in Bulgaria.It has an impact on the average wage in the country, and this influence is a subject of constant debate because it is not clear whether the growth of the aand if it does, what should be a fair and economically justified ratio between the two.Moreover, at sectoral level, there are disparities between these two indicators.In this paper, by means of an indicator of disproportion, we try to identify the discrepancy between them in the different economic sectors of the Bulgarian economy over the last 20 years.

Keywords: labor productivity; average wage; gross value added; average number of employees; economic sectors; disproportion indicator (search for similar items in EconPapers)
JEL-codes: E24 J24 J31 O11 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:cfdide:y:2020:i:1:p:402-411

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