Accounting productivity in the sectors of economy: methodological aspects

Toma Lankauskienė ()
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Toma Lankauskienė: Vilnius Gediminas Technical University (VILNIUS TECH), Lithuania

Entrepreneurship and Sustainability Issues, 2014, vol. 2, issue 2, 98-106

Abstract: Level of productivity is vital for each country striving develop sustainably. It appears that accounting of productivity requires additional attention of scientists. This paper is focused on the methods allowing to evaluate productivity in economy sectors. Scrutinized scientific literature proposes the following possible perceptions of productivity increase: as labour move from low to high productivity sectors, the process contributes to aggregate country’s productivity growth, and causes further productivity increase in more productive sectors. After critical scientific literature review, conclusions about contemporary productivity methods and are being be provided.

Keywords: economic sectors’ performance; productivity; aggregate productivity; economic growth; sustainable development (search for similar items in EconPapers)
JEL-codes: O40 O47 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:2:y:2014:i:2:p:98-106

DOI: 10.9770/jesi.2014.2.2(5)

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