Abstract
The paper analyzes the changes of labour productivity in the European Union countries, discusses the factors that affect labour productivity; also shows that labour productivity varies greatly across European Union countries. During study econometric model is used for twenty European Union countries. Based on regression analysis results time period were defined during which the increase of investments into physical capital has the strongest effect on labour productivity in different European countries.Â
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have