October 2015
Financial Space;2015, Issue 4, p9
Academic Journal
Stability indicator of labour productivity makes it a good measure of the economic level achieved by an economy. The aim of the paper is to present a method for the application of labour productivity index Q to solve an important macroeconomic questions. It is also a good basis to build rankings of labour productivity, as well as monitoring the development of each country. Article focuses on determining the level of labour productivity of the economy of Ukraine in comparison to the economies of other countries. In Ukraine, the labor productivity index Q falls in the past few years. This means that every year on 1 hryvnia labor cost accounts for less real GDP. This is a very negative trend, which indicates the need to implement urgent measures aimed at changing the country's economic policy. In article also suggests an original solution to the problems of creation of monetary unions.


Related Articles

  • Strongest gain in productivity in over two years.  // Infomat: A Weekly Review;6/21/2002, p5 

    Reports on the increase in labor productivity in Canada in the first quarter of 2002. Percentage of increase in productivity; Business recovery; Gross domestic product.

  • Productivity, The Economic Essential. Mullally, John // MAN: Modern Applications News;Aug2005, Vol. 39 Issue 8, p6 

    Focuses on the importance of labor productivity in metalworking business. Reasons behind discrepancy between gross domestic product per capita of the U.S. and Japan; Productivity of China; Factors to consider for a metalworking shop's success.

  • Worker productivity not so bad.  // Professional Engineering;2/25/2004, Vol. 17 Issue 4, p13 

    Reports on the good level of productivity of England's workers. Report of Organisation for Economic Co-operation and Development (OECD) on the productivity of seven countries; Reduction in the average GDP per worker of the Group of Seven (G7) countries including England; Importance of upping...

  • Who does what and why, in Gt Britain plc? Stutely, Richard // Accountancy;Oct84, Vol. 95 Issue 1094, p135 

    Focuses on the government spending accounted to the gross domestic product in Great Britain. Consideration of the interchange between the categories of working and non-working adults; Method of measuring the output of the working population; Assumption that every worker has the same...

  • BUSINESS OUTLOOK.  // BRW;May2003, Vol. 25 Issue 16, p31 

    Cites the results of a study pertaining the economy and productivity of Australia. Improved growth efforts compared to the U.S. during the 1990s; Increased gross domestic product; Growth in productivity.

  • EU Aid At Risk.  // Emerging Europe Monitor: Central Europe & Baltic States;Jul2005, Vol. 12 Issue 7, p11 

    The article reports on the effect of the European Union's (EU) budget for 2007-2013 on Latvia and Lithuania's financial conditions. Latvia and Lithuania are the two largest beneficiaries of the EU budget in relative terms, with net EU transfers to each country estimated to be in the region of...

  • Clusters in weighted macroeconomic networks: the EU case. Introducing the overlapping index of GDP/capita fluctuation correlations. Gligor, M.; Ausloos, M. // European Physical Journal B -- Condensed Matter;Jun2008, Vol. 63 Issue 4, p533 

    GDP/capita correlations are investigated in various time windows (TW), for the time interval 1990�2005. The target group of countries is the set of 25 EU members, 15 till 2004 plus the 10 countries which joined EU later on. The TW-means of the statistical correlation coefficients are taken...

  • "Beyond GDP" Indicators in the Czech Republic. Hák, Tomáš; Janoušková, Svatava // Statistika: Statistics & Economy Journal;2013, Vol. 93 Issue 2, p86 

    Th is paper contributes to the ongoing debate on the "Beyond GDP" issues addressed in the Czech Republic and the two member organizations: Organisation for Economic Co-Operation and Development and the European Union. Traditional indicators such as e.g. Gross Domestic Product (GDP) and the Human...

  • Europe's Golden Standard.  // Transitions Online;10/8/2007, p3 

    The article offers information on the Economic and Monetary Union (EMU), informally called eurozone. Current projections foresee Malta and Cyprus joining the EMU by 2008, and Estonia, Lithuania, and Slovakia as early as 2009. Prospective eurozone countries must keep government deficit at no more...

  • Public debt sustainability and the participation of the new member states in the euro area. STANEK, Piotr // Poznan University of Economics Review;2014, Vol. 14 Issue 4, p22 

    The recent financial and economic crisis pushed the ratio of public debt to GDP in a number of industrialised countries to unprecedented levels. This phenomenon was especially marked in the peripheral countries of the euro area, which questioned again the adequacy of the institutional framework...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics