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Productivity and compensation by purchase power parity in Ukraine and other countries: comparative analysis

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  • M. Sokolyk

Abstract

The trends of the real growth rates of the GDP, of productivity and wages per employee and of aver-age monthly salary in Ukraine for a long period of time (1990-2010) are evaluated in this article. The author makes comparative analysis of labor productivity and wages per one employee on the basis of the data on purchasing power parity in Ukraine and in other countries during the pre-crisis period. He justifies the measures to bring the levels of labor productivity and compensation per employee in Ukraine closer to those of the industrialized and new EU member countries.

Suggested Citation

  • M. Sokolyk, 2011. "Productivity and compensation by purchase power parity in Ukraine and other countries: comparative analysis," Economy and Forecasting, Valeriy Heyets, issue 1, pages 85-103.
    • Handle: RePEc:eip:journl:y:2011:i:1:p:85-103
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    File URL: http://eip.org.ua/docs/EP_11_1_85_uk.pdf
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