Dynamics of Labor Productivity.Law of marginally decreasing Productivity

Dragos Gabriel Mecu
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Dragos Gabriel Mecu: “Artifex” University of Bucharest

Romanian Statistical Review Supplement, 2015, vol. 63, issue 1, 112-115

Abstract: The dynamics of productivity, its growth, is an objective necessity of development and progress for each economic agent, and of the society as a whole. The productivity increase, generally, and especially of labor productivity, has a lawlike character because it reflects the causality reports between the efficiency of labor spending and the degree of economic development.

Keywords: causes; factors; labor; productivity; progress (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:rsr:supplm:v:63:y:2015:i:1:p:112-15

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