Abstract

Earnings and labor productivity are important economic indicators, the relationship between them being analyzed by economists, employers and policy makers. The relationship between earnings and labor productivity is important for each region or economic sector, because it influences the living standard and the distribution of income between labor and capital. This paper analyzes the link between gross average earning and labor productivity in the textile industry during 2005‒2016 in Romania. The results of the analysis show that there is a positive, but moderate correlation between gross average earning and labor productivity. For this purpose were used statistical-econometric methods to verify the normality of data series distribution and the existence of a correlation between the indicators analyzed.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.