Estimation of Labour Productivity at Industry Level - Theoretical Aspects and Practical Application

Stefan Hristov Petranov ()
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Stefan Hristov Petranov: Faculty of Economics and Business Administration, Sofia University "St. Kliment Ohridski", Sofia, Bulgaria
Authors registered in the RePEc Author Service: Стефан Петранов

Business & Management Compass, 2018, issue 2, 131-144

Abstract: The article presents a methodology for constructing an indicator for the estimation of labour productivity and its changes at industry level. It discuses the practical necessity of such an indicator as well as the characteristics it should possess in order to reflect as accurately as possible the performance of labour productivity in static and dynamic terms. Different alternatives are reviewed and the choice of certain statistical data and procedures on which to construct the desired measure is argued. The choice is based on theoretical considerations and the practical possibilities of the public information available at the moment in Bulgaria provided by the National Statistical Institute (NSI).

Keywords: Labour productivity; Industry level; Productivity indices; Negotiations between social partners (search for similar items in EconPapers)
JEL-codes: E2 J3 J5 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:journl:y:2018:i:2:p:131-144

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