IDEAS home Printed from https://ideas.repec.org/a/aio/rteyej/v1y2009i13p103-111.html
   My bibliography  Save this article

Labor Productivity And Wages In The Republic Of Macedonia

Author

Listed:
  • Assist. Ph.D Student Predrag Trpeski

    (University “Ss Cyril and Methodius” Faculty of Economics Skopje, Republic of Macedonia)

  • Junior Teaching Assist. Biljana Tashevska

    (University “Ss Cyril and Methodius” Faculty of Economics Skopje, Republic of Macedonia)

Abstract

The relationship between wage and labor productivity is very frequent and receives a special treatment in economic theory and practice. The purpose of this paper is to explore the relationship and interdependence between net-wage and labor productivity in the Republic of Macedonia during the period 1995-2007. The objects of analysis are the relations between the two variables on aggregate level of the Macedonian economy, as well as for certain economic sectors separately (industry, mining and water management; agriculture, fishing and forestry; construction; transport and communications; trade and financial services). Based on the results from the performed analysis, the paper reveals how and to what extent changes in real net-wage influence the changes in labor productivity in Macedonia, on aggregate level and in the observed sectors.

Suggested Citation

  • Assist. Ph.D Student Predrag Trpeski & Junior Teaching Assist. Biljana Tashevska, 2009. "Labor Productivity And Wages In The Republic Of Macedonia," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13), pages 103-111, NOVEMBER.
  • Handle: RePEc:aio:rteyej:v:1:y:2009:i:13:p:103-111
    as

    Download full text from publisher

    File URL: http://feaa.ucv.ro/RTE/013-14.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Lawrence F. Katz, 1986. "Efficiency Wage Theories: A Partial Evaluation," NBER Chapters,in: NBER Macroeconomics Annual 1986, Volume 1, pages 235-290 National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    real wage; GDP per worker; labor productivity; OLS regression; correlation.;

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J39 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Other

    Statistics

    Access and download statistics

    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:aio:rteyej:v:1:y:2009:i:13:p:103-111. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ionascu Costel). General contact details of provider: http://edirc.repec.org/data/fecraro.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.