IDEAS home Printed from https://ideas.repec.org/a/ejn/ejssjr/v8y2020i4p175-184.html
   My bibliography  Save this article

The Correlation between Some Macroeconomic Indicators (Innovation, R&D, FDI) and their Impact on Labor Productivity

Author

Listed:
  • Marina Popa

    (Academy of Economic Studies of Moldova, Republic of Moldova)

Abstract

The objective of this study is to investigate the correlation between some macroeconomic indicators for labor productivity growth. In conditions of the current metamorphosis of the national economy, the identification of factors that contribute to the increase of labor productivity becomes a necessity for the survival of countries on the regional and world scale. The knowledge about these factors and their strategic combination contribute to the increase of productivity, of innovative business, which directly leads to the enhancement of well-being in the world economy. Economic growth in the countries of the world is directly proportional to the labor productivity equation, which is dependent on the number of unknowns expressed by its determinants. From this perspective, the author addresses the aspect of economic growth and the heterogeneity of the factors of increasing labor productivity in both national and global economies using the statistical method of correlating factors. The results of the study showed that investment, export, research, and development are factors that have a direct impact on economic growth, thus being possible to establish the strategies that are effective in the development of various national economies. Keywords: Correlation of Indicators, Productivity, Investment, Export, National Economies Journal: Eurasian Journal of Social Sciences

Suggested Citation

  • Marina Popa, 2020. "The Correlation between Some Macroeconomic Indicators (Innovation, R&D, FDI) and their Impact on Labor Productivity," Eurasian Journal of Social Sciences, Eurasian Publications, vol. 8(4), pages 175-184.
    • Handle: RePEc:ejn:ejssjr:v:8:y:2020:i:4:p:175-184
    as

    Download full text from publisher

    File URL: https://eurasianpublications.com/wp-content/uploads/2021/02/EJSS-8.4.3.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Leamer, E.E., 1995. "The Heckscher-Ohlin Model in Theory and Practice," Princeton Studies in International Economics 77, International Economics Section, Departement of Economics Princeton University,.
    2. Gouranga G Das & Hiranya K. Nath & Halis M Yildiz, 2005. "Foreign Direct Investment and Inequality in Productivity across Countries," Working Papers 0501, Sam Houston State University, Department of Economics and International Business.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Peter Huber & Helmut Hofer, 2001. "Teilprojekt 9: Auswirkungen der EU-Erweiterung auf den österreichischen Arbeitsmarkt," WIFO Studies, WIFO, number 19839, April.
    2. Marek Rojíček, 2010. "Konkurenceschopnost obchodu ČR v procesu globalizace [Competitiveness of the Trade of the Czech Republic in the Process of Globalisation]," Politická ekonomie, Prague University of Economics and Business, vol. 2010(2), pages 147-165.
    3. Helge Berger & Frank Westermann, 2001. "Factor price equalization? The cointegration approach revisited," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 137(3), pages 525-536, September.
    4. Rodolfo Helg & Riccardo Faini & Anna M. Falzoni & Marzio Galeotti & Alessandro Turrini, 2001. "Importing Jobs And Exporting Firms? On The Wage And Employment Implications Of Italy’S Trade And Foreign Direct Investment Flows," International Trade 0103001, University Library of Munich, Germany.
    5. Bernard, Andrew & Redding, Stephen & Simpson, Helen & Schott, Peter, 2002. "Factor Price Equalization in the UK?," CEPR Discussion Papers 3523, C.E.P.R. Discussion Papers.
    6. Peter K. Schott, 2003. "One Size Fits All? Heckscher-Ohlin Specialization in Global Production," American Economic Review, American Economic Association, vol. 93(3), pages 686-708, June.
    7. Gabriel Felbermayr & Wilhelm Kohler, 2014. "Can International Migration Ever Be Made a Pareto Improvement?," World Scientific Book Chapters, in: European Economic Integration, WTO Membership, Immigration and Offshoring, chapter 11, pages 373-393, World Scientific Publishing Co. Pte. Ltd..
    8. James Harrigan, 2001. "Specialization and the Volume of Trade: Do the Data Obey the Laws?," NBER Working Papers 8675, National Bureau of Economic Research, Inc.
    9. Dario Diodato & Ricardo Hausmann & Frank Neffke, 2020. "The impact of return migration from the U.S. on employment and wages in Mexican cities," Papers in Evolutionary Economic Geography (PEEG) 2012, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Mar 2020.
    10. Richard Nahuis, 2001. "Economic Development and Trade in the World Economy," Chapters, in: Sjak Smulders (ed.), Growth Theory in Historical Perspective, chapter 13, pages 313-334, Edward Elgar Publishing.
    11. Matthew J. Slaughter, 1997. "International Trade and Labor-Demand Elasticities," NBER Working Papers 6262, National Bureau of Economic Research, Inc.
    12. Robbert Maseland, 2009. "Trade in a world with recyclable resources," DEGIT Conference Papers c014_008, DEGIT, Dynamics, Economic Growth, and International Trade.
    13. Andrew B. Bernard & J. Bradford Jensen & Peter K. Schott, 2001. "Factor Price Equality and the Economies of the United States," NBER Working Papers 8068, National Bureau of Economic Research, Inc.
    14. Mahvash Saeed Qureshi & Guanghua Wan, 2008. "Trade Expansion of China and India: Threat or Opportunity?," The World Economy, Wiley Blackwell, vol. 31(10), pages 1327-1350, October.
    15. Rodrigo Fuentes & Roberto Álvarez, 2006. "Paths of Development, Specialization, and Natural Resources Abundance," Working Papers Central Bank of Chile 383, Central Bank of Chile.
    16. Jaramillo, Carlos Felipe & Nupia, Oskar Andrés & Romero, Carmen Astrid, 2001. "Integración en el mercado laboral colombiano : 1945-1998," Chapters, in: Meisel-Roca, Adolfo (ed.), Regiones, ciudades y crecimiento económico en Colombia, chapter 3, pages 91-146, Banco de la Republica de Colombia.
    17. Jiandong Ju & Shang-Jin Wei, 2014. "A Solution to Two Paradoxes of International Capital Flows," Economic and Political Studies, Taylor & Francis Journals, vol. 2(1), pages 3-43, January.
    18. Rosés, Joan Ramón & Martínez-Galarraga, Julio & Tirado, Daniel A., 2010. "The upswing of regional income inequality in Spain (1860-1930)," Explorations in Economic History, Elsevier, vol. 47(2), pages 244-257, April.
    19. Marek Rojíček, 2012. "Vliv globalizace na fungování mezinárodního obchodu [Impact of Globalisation on the Functioning of International Trade]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(2), pages 187-207.
    20. Daniel Lederman & Samuel Pienknagura & Diego Rojas, 2021. "Latent Trade Diversification and Its Relevance for Macroeconomic Stability," The World Bank Economic Review, World Bank, vol. 35(1), pages 58-91.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ejn:ejssjr:v:8:y:2020:i:4:p:175-184. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Esra Barakli (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.