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Accounting productivity in the sectors of economy: methodological aspects

Author

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  • Toma Lankauskienė

    (Vilnius Gediminas Technical University (VILNIUS TECH), Lithuania)

Abstract

Level of productivity is vital for each country striving develop sustainably. It appears that accounting of productivity requires additional attention of scientists. This paper is focused on the methods allowing to evaluate productivity in economy sectors. Scrutinized scientific literature proposes the following possible perceptions of productivity increase: as labour move from low to high productivity sectors, the process contributes to aggregate country’s productivity growth, and causes further productivity increase in more productive sectors. After critical scientific literature review, conclusions about contemporary productivity methods and are being be provided.

Suggested Citation

  • Toma Lankauskienė, 2014. "Accounting productivity in the sectors of economy: methodological aspects," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 2(2), pages 98-106, December.
    • Handle: RePEc:ssi:jouesi:v:2:y:2014:i:2:p:98-106
    DOI: 10.9770/jesi.2014.2.2(5)
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    References listed on IDEAS

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    3. Crafts, N F R, 1984. "Patterns of Development in Nineteenth Century Europe," Oxford Economic Papers, Oxford University Press, vol. 36(3), pages 438-458, November.
    4. Peter Havlik, 2005. "Structural Change, Productivity and Employment in the New EU Member States," wiiw Research Reports 313, The Vienna Institute for International Economic Studies, wiiw.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economic sectors’ performance; productivity; aggregate productivity; economic growth; sustainable development;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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