Recent trends in labor productivity

Salimova, Guzel; Ableeva, Alisa; Galimova, A. K.; BAKIROVA, Ramzilya Rinatovna; Lubova, Tatiana; Sharafutdinov, Aidar; Araslanbaev, Irek

doi:10.1108/er-03-2021-0111

Cited by 14 publications

(7 citation statements)

References 25 publications

(94 reference statements)

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“…In it, we are interested in looking at the effect of the international oil price on the Ecuadorian unemployment rate through a controlled OLS model. To this end, we incorporated control variables widely used in the literature to explain unemployment, including the outdated unemployment rate itself, labor productivity, and the general price index, which, in our case, is composed of all those segments of products not dependent on oil (Phillips, 1958;Ramcharran, 2002;Salimova et al, 2022). 8…”

Section: Model Specificationmentioning

confidence: 99%

The Effects of Oil Price on Energy Production and the Ecuadorian Economy

Cevallos-Mina,

Lara-Tambaco,

Reyes-Vera

et al. 2024

IJEEP

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Through an empirical analysis of the impact of variations in the international price of oil on the economic production of different strategic sectors and on energy production from various sources in Ecuador, the study seeks to show evidence on the economic effects of the price of oil. in a Latin American economy strongly linked to oil production. For this, relevant data were collected on production in different economic sectors, on the type of ownership in oil production and on energy production in various energy sources in Ecuador and statistical analyzes were carried out to evaluate the relationships between these and the international oil price. The results indicate that the effect of the oil price varies between the economic sectors of Ecuador. Some sectors, such as financial services and construction, show positive responses, while others, such as agriculture and fishing, appear less affected. The oil and mining sector in Ecuador is strongly linked to variations in the price of oil. The positive and significant response of the Oil and Mines GDP underlines the sensitivity of this sector to changes in international prices. Furthermore, energy production in Ecuador exhibits heterogeneous responses to variations in the price of oil. Forms of energy such as wind, solar, and thermal energy show positive and significant responses, while hydropower presents a negative response in some periods. Positive responses in forms of energy such as wind, solar, and thermal may indicate that the increase in the price of oil positively influences investment decisions in these energy sources. The study provides a significant contribution to the field of energy economics in oil-exporting countries and, particularly, in developing countries, as well as highlights the importance of energy diversification for these types of economies.

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Section: Model Specificationmentioning

confidence: 99%

The Effects of Oil Price on Energy Production and the Ecuadorian Economy

Cevallos-Mina,

Lara-Tambaco,

Reyes-Vera

et al. 2024

IJEEP

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“…An increase in labor income can reduce the unemployment rate, as people have more incentive to seek and accept employment. On the other hand, a low labor income can lead to a persistent unemployment cycle, as people may become discouraged and withdraw from the labor market, which would not be reflected in a lower unemployment rate, but in lower labor participation (Salimova et al, 2022;Reilly, 2005).…”

Section: Control Variables In Equationmentioning

confidence: 99%

“…Rural Labor Income -Labor income in rural areas is an essential component of the quality of life and economic balance of these communities. A stable and competitive labor income in rural areas can serve as an incentive for people to stay in these communities, thus contributing to their economic sustainability and the preservation of the proportion of rural population in the country (Salimova et al, 2022).…”

Section: Control Variables In Equationmentioning

confidence: 99%

Renewable Energy Development and Employment in Ecuador’s Rural Sector: An Economic Impact Analysis

Ulloa-de Souza,

González-Quiñonez,

Reyna-Tenorio

et al. 2024

IJEEP

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The article provides an empirical analysis on the impact of renewable energy development on the unemployment rate, agricultural output and relative rural population in Ecuador. Using an empirical approach, the study examined how the production and consumption of this energy affects the labor market in rural regions. To this end, relevant data on the development of renewable energies in the context of Ecuador were collected, and statistical analyses were carried out to evaluate the relationships between these and the variables of interest. The results obtained indicate that the development of renewable energies has can reduce the unemployment rate and has a positive effect on the relative population of rural regions, however, it does not seem to significantly affect agricultural production. These findings support the idea that the production and consumption of renewable energies can generate jobs directly, due to the need for workers for the construction and maintenance of these technologies, and indirectly, through cheaper energy, increased productive efficiency and better conditions for the expansion of companies. The study offers a significant contribution to the field of energy economics in developing countries and highlights the importance of the adoption of renewable energy sources for rural regions.

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“…The findings from Salimova et al (2022) indicating that the level of productivity and labour efficiency in the textile industry is largely determined by the number of workers, amount of production, working hours, and incurred costs. Meanwhile, Zulfigar and Ilgar (2019) investigated the correlation between efficient use of labour resources and the economy in Azerbaijan.…”

Section: Previous Studiesmentioning

confidence: 99%

Analysis of Efficiency and Elasticity of Labor Allocation in Manufacturing Industry in Indonesia

Nababan,

Panjaitan,

Panjaitan

et al. 2023

SULTANIST

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The purpose of this study is to analyse the level of efficiency and elasticity of the large and medium manufacturing industry sector during 2012 - 2020 in the Indonesian Standard Industrial Classification (ISIC) 2-digit level (major groups 10 to 33), consisting of 24 types of manufacturing sub-industries. In this study, the Cobb-Douglas production function model with linear logarithmic was used to analyse the manufacturing efficiency index. The results showed that: (1) during the period 2012-2020, the production efficiency of the 2-digit ISIC sub-sector (24 sub-sectors) increased on average by 445% or 4. 45 times, (2) all the output elasticity values of the 2-digit ISIC subsector (24 subsectors) were less than one (EL < 1), which showed that the marginal value added of labour was lower than the average value added of labour, so that the additional allocation of labour in large and medium-sized industries tended to reduce the average value added of labour, (3) the highest efficiency index in order were ISIC 26 (computer, electronic and optical products), ISIC 17 (paper and paperboard), ISIC 18 (electrical machinery and equipment), ISIC 19 (machinery and equipment) and ISIC 20 (machinery and equipment); ISIC 17 (paper and paper products); ISIC 31 (furniture) and ISIC 29 (motor vehicles, trailers and semi-trailers).

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Recent trends in labor productivity

Cited by 14 publications

References 25 publications

The Effects of Oil Price on Energy Production and the Ecuadorian Economy

The Effects of Oil Price on Energy Production and the Ecuadorian Economy

Renewable Energy Development and Employment in Ecuador’s Rural Sector: An Economic Impact Analysis

Analysis of Efficiency and Elasticity of Labor Allocation in Manufacturing Industry in Indonesia

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