LABOUR PRODUCTIVITY AT THE NATIONAL LEVEL
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Authors:
• Iuliana MATACHE, email: nycayulyana@yahoo.com, Afiliation: Hyperion University, Bucharest, Romania
• Marinela GEAMANU, email: geamanu_marinela@yahoo.com.au, Afiliation: Spiru Haret University, Bucharest, Romania
• Miron DUMITRESCU, email: miron_hyp@yahoo.com, Afiliation: National Institute of Economic Research - Romanian Academy, Bucharest, Romania
• Andrei Mihai CRISTEA, email: cristeaandm@yahoo.com, Afiliation: Hyperion University, Bucharest, RomaniaPages:
• 45|54 -
Keywords: productivity; labor market; national economy; economic growth
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Abstract:
The purpose of the study is to provide a broad vision and objectives of the dynamics of labor and employment levels correlated with demographic population in the medium and long term. That's why we chose to perform an analysis on labor productivity at the national level as well as a comparison with other European Union countries at a similar level of economic development of Romania. In the first part we present different approaches of theorists in the field of labor productivity, which show the importance of this productivity indicator for an economy or in an organization, the utility and ways of interpreting the determined factors. The study refers to productivity in Romania compared to other EU countries. It presents an overview of current labor market in our country, an analysis of the effectiveness of each economic sector workers and a comparison with other EU countries.