Since 2014
INSTITUTIONAL DETERMINANTS OF LABOR PRODUCTIVITY IN THE SELECTED REGIONS OF THE EUROPEAN UNION
Ekonomia i Prawo. Economics and Law
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| Authentication Code |
dc |
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| Title Statement |
INSTITUTIONAL DETERMINANTS OF LABOR PRODUCTIVITY IN THE SELECTED REGIONS OF THE EUROPEAN UNION |
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| Added Entry - Uncontrolled Name |
Jarmołowicz, Wacław; WSB Schools of Banking Kuźmar, Sławomir; Poznań University of Economics The article was funded by National Science Centre (2014/13/N/HS4/02061). |
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| Uncontrolled Index Term |
formal institutions, informal institutions, labor productivity E02, O43 |
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| Summary, etc. |
Facing the growing importance of institutions as a vital, or according to some, even a key determinant of economic growth and development, the authors of this study attempt to define and determine basic relations and mechanisms by which the institutional environment affects labor productivity. In addition, an analysis of institutions diversity and labor productivity was carried out in selected regions of the European Union. The findings of the analyses prompt to draw a conclusion that “good” institutional solutions have a significant impact on the development of labor productivity also at regional level by protecting property rights, lowering transaction costs, stimulating competition and improving the efficient functioning of the market mechanism. |
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| Publication, Distribution, Etc. |
Uniwersytet Mikołaja Kopernika w Toruniu 2015-12-31 00:00:00 |
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| Electronic Location and Access |
application/pdf http://www.apcz.pl/czasopisma/index.php/EiP/article/view/EiP.2015.030 |
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| Data Source Entry |
Ekonomia i Prawo. Economics and Law; Vol 14, No 4 (2015) |
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| Language Note |
en |
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| Terms Governing Use and Reproduction Note |
Copyright (c) 2016 Ekonomia i Prawo. Economics and Law |
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