The implications of labor productivity indicator

Occupation: Chief Researcher
Affiliation:
Azerbaijan National Academy of Sciences, Institute of Economics
Azerbaijan Agricultural Economics Research Institute
Address: Azerbaijan, Baku

Journal name

Obshchestvo i ekonomika

Edition

Issue 9

Pages

44-57

Abstract

In the article the economic essence of labor productivity is analyzed, as well as the methods of measuring it by various production cost indices in the manufacturing industry. The ways and reserves of labor productivity growth in Azerbaijan are also evaluated. The growth rate of labor productivity is compared with the growth rate of the wages.

Keywords

GDP, labor intensity, working time, labor-hour, value added, living and materialized labor, wages, efficiency, profit, innovation, labor productivity, value added

Received

28.10.2018

Publication date

29.10.2018

Number of characters

350

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GOST	Jabiev R. The implications of labor productivity indicator // Obshchestvo i ekonomika – 2018. – Issue 9 C. 44-57 [Electronic resource]. URL: https://oie.jes.su/S020736760001434-6-1 (circulation date: 23.03.2025). DOI: 10.31857/S020736760001434-6
MLA	Jabiev, Rauf "The implications of labor productivity indicator." Obshchestvo i ekonomika 9 (2018):44-57. DOI: 10.31857/S020736760001434-6
APA	Jabiev R. (2018). The implications of labor productivity indicator. Obshchestvo i ekonomika (9), pp.44-57 DOI: 10.31857/S020736760001434-6

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