CONSIDERATIONS REGARDING THE CALCULATION AND EVOLUTION OF LABOR PRODUCTIVITY IN TERMS OF COMBINING TECHNICAL FACTOR - CAPITAL

The efficiency of labor, as evidenced by average productivity indicator is linked to the existence of social conditions which relate to education, qualifications and experience of staff, division of labor employment, labor discipline, but also the existence of objective conditions, technical and tec...

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Bibliographic Details
Main Authors: DANIEL TOBĂ, DALIA SIMION
Format: Article
Language:English
Published: University of Petrosani 2014-12-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:http://www.upet.ro/annals/economics/pdf/2014/part2/Toba-Simion.pdf
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Summary:The efficiency of labor, as evidenced by average productivity indicator is linked to the existence of social conditions which relate to education, qualifications and experience of staff, division of labor employment, labor discipline, but also the existence of objective conditions, technical and technological, as modernization of production and the availability of equipment to employees. The content of the article we will highlight an analysis of the calculation, and the evolution of labor productivity in terms of the elements related to the value of labor used in relation to operational staff of the company. We will also reveal the evolution of labor efficiency and profit when the company capital factor is constant, given the need to increase production.
ISSN:1582-5949
2247-8620