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Analysis of correlation between productivity and wages

Author

Listed:
  • Pantazi, Florentina

    (Universitatea George Baritiu)

Abstract

The use of economic resources to produce economic goods is considered an activity that production efficiency is obtained with the lowest production cost in terms of the least opportunity cost for each item obtained. Economic Activity of Distributing goods to reach consumers is considered to be efficient if its result is a match between the volume, structure, quality of goods and consumer demands amount of scope when you are forced to spend his disposable income at market prices. Paper: http://ccefa.spiruharet.ro/materiale/dder.pdf

Suggested Citation

  • Pantazi, Florentina, 2009. "Analysis of correlation between productivity and wages," Papers 2009/163, Osterreichish-Rumanischer Akademischer Verein.
    • Handle: RePEc:ris:sphedp:2009_163
    as

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    More about this item

    Keywords

    productivity; efficiency; wages; resources;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

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