Since 2014
Real wages, inflation, and labor productivity: Evidences from Bulgaria and Romania
Journal of Economic & Financial Studies
View Archive Info| Field | Value | |
| Title |
Real wages, inflation, and labor productivity: Evidences from Bulgaria and Romania
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| Creator |
Dritsaki, Chaido
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| Subject |
Economics, Econometrics
Bulgaria; inflation; labor productivity; real Wages; Romania. — |
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| Description |
This study examines the effect of inflation and real wages on labor productivity for two European Union(EU) countries: Bulgaria and Romania using cointegration Autoregressive Distributed Lag (ARDL) test and causality test of Toda and Yamamoto (1995). Results suggest that inflation reduces labor productivity. Moreover, the impact of wages on labor productivity is far greater the impact of inflation. Additionally, there exists unidirectional relation between inflation and real wages for Bulgaria, and real wages and labor productivity for Romania.
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| Publisher |
LAR Center Press
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| Contributor |
—
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| Date |
2016-11-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://journalofeconomics.org/index.php/site/article/view/253
10.18533/jefs.v4i05.253 |
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| Source |
Journal of Economic & Financial Studies; Vol 4, No 05 (2016): October; 24-36
2379-9471 2379-9463 |
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| Language |
eng
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| Relation |
http://journalofeconomics.org/index.php/site/article/view/253/302
http://journalofeconomics.org/index.php/site/article/downloadSuppFile/253/37 |
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| Rights |
Copyright (c) 2016 CHAIDO DRITSAKI
http://creativecommons.org/licenses/by/4.0 |
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