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Issues concerning the dynamics of labor productivity at the level of the companies in Constanta County operating in the "Construction" sector before and after the COVID-19 pandemic

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  • Mari-Isabella Stan

    (Ovidius University of Constanta, Faculty of Law and Administrative Sciences)

Abstract

The construction industry sector plays an important role in the national and local economy, and its activities are vital for achieving the objectives of economic and social development which lead to increasing the citizens' quality of life. In the construction sector, the COVID-19 crisis has led to a reduction in site productivity, which has led to an increase in compliance costs, delayed projects and increased the exposure of construction workers to risk and infection. Given that many companies have experienced substantial declines in turnover and high turnover uncertainty during this pandemic, a continuous analysis of the economic climate, respectively of the main indicators of the companies active on the market is a very important element in terms of outlining an overall view of the current situation, as well as the trends in the construction sector. This study provides an empirical analysis as to before and after the COVID-19 pandemic level of labor productivity of economic agents operating in the construction sector in Constanta County. Starting from assessments of the average turnover and the evolution of the workforce of the companies in the construction sector located on the territory of Constanta County, the objective of the research was the dynamical analysis of the level of labor productivity and the way it was influenced by the emergence of this unexpected event. The obtained results confirmed the research hypothesis, namely that the level of labor productivity is influenced by the level of investment and it registers a moderate increase, yet on a noticeable increasing trend, the probable reason being the construction projects for public investment carried out in the area.

Suggested Citation

  • Mari-Isabella Stan, 2021. "Issues concerning the dynamics of labor productivity at the level of the companies in Constanta County operating in the "Construction" sector before and after the COVID-19 pandemic," Technium Social Sciences Journal, Technium Science, vol. 25(1), pages 225-241, November.
    • Handle: RePEc:tec:journl:v:25:y:2021:i:1:p:225-241
    DOI: 10.47577/tssj.v25i1.5095
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    References listed on IDEAS

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    Cited by:

    1. Kamer-Ainur Aivaz & Constantin Avram, 2021. "An analysis of the performance of the companies in Constanta County which operate in the real estate transactions field in the context of sustainable development," Technium Social Sciences Journal, Technium Science, vol. 26(1), pages 475-487, Decembrie.
    2. Mari-Isabella Stan, 2022. "The impact of the pandemic crisis on employment in the context of urbanization," Technium Social Sciences Journal, Technium Science, vol. 33(1), pages 492-505, July.
    3. repec:thr:techub:10026:y:2021:i:1:p:475-487 is not listed on IDEAS
    4. Kamer-Ainur Aivaz & Ionela Florea Munteanu & Alina Chiriac, 2022. "An exploratory analysis of the dynamics of the activity of the Fiscal Anti-fraud Directorate General in the 2014-2020 period at the level of Romania," Technium Social Sciences Journal, Technium Science, vol. 30(1), pages 337-347, April.
    5. Mari-Isabella Stan, 2022. "An Analysis of the Municipal Waste Management of Romania and Bulgaria in the European Context," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 166-174, September.
    6. repec:thr:techub:10033:y:2022:i:1:p:492-505 is not listed on IDEAS
    7. repec:thr:techub:10030:y:2022:i:1:p:337-347 is not listed on IDEAS

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    More about this item

    Keywords

    Labor productivity; construction sector; Constanta county; COVID-19;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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