• Corpus ID: 201679047

LABOUR PRODUCTIVITY AS A FACTOR OF SECTOR COMPETITIVENESS Tomáš Volek –

@inproceedings{Novotn2016LABOURPA,
  title={LABOUR PRODUCTIVITY AS A FACTOR OF SECTOR COMPETITIVENESS Tom{\'a}{\vs} Volek –},
  author={Martina Novotn{\'a}},
  year={2016}
}

• M. Novotná
• Published 2016
• Economics

Competitiveness can be defined from microeconomic and macroeconomic perspective. Competitiveness at the level of countries or sectors can be evaluated by using different indicators. Labour productivity is one of the most important factors (indicator) which affects competitiveness. Paper is focused on evaluation of labour productivity as a factor of sector competitiveness. The objective of this article is to examine the sector's competitiveness in the EU countries and assess which countries are in particular sectors more or less competitive. The analysis deal with development of competitiveness in the post-crisis period and with determining the productivity gaps in the sectors between countries. Sectors are grouped with the help OECD methodology according to the technological intensity which based on the statistical classification of economic activities in the European Community. The analysis found that the most of the original EU countries have higher level of labour productivity in all analysed groups (sectors) of economic activities. On the other hand, most of new member states EU reached a high growth rate of labour productivity, especially in the industrial sector (low and medium low technology).