Economy structure, productivity and economic growth: towards methodological perspective

Authors

DOI:

https://doi.org/10.3846/bm.2014.064

Keywords:

economy sectors’ performance, productivity, aggregate productivity, economic growth, sustainable development

Abstract

As economic sectors’ performance targeted at country’s economic growth through the prism of inputs to production can not be implied without productivity phenomenon in the context of sustainable development, this paper is purposed to provide one aspect of the relevant methodologies for productivity phenomenon evaluation in the structure of economy. Scrutinized scientific literature proposes the following possible perceptions of productivity targets: as labor moves from low to high productivity a sector, in such a way contributing to aggregate country’s productivity growth, and as productivity increasement within sectors. Different variations of shift-share analysis methods have been provided to measure the impact of structural change on aggregate productivity growth.

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Published

2014-01-01

Conference Event

Section

Social and Economic Business Environment