PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2008 | 13 | nr 1 | 3--19
Tytuł artykułu

Labour Productivity Ratio and International Comparison of Economic Performance : Formalization of the PPP Theory and Preliminary Examinations

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The ratio of labour productivity Q is simply arrived at as real GDP per unit of labourer compensations. The last variable denotes the sum of all compensation parts, but in its disposable value. This value arises as total compensation less the part taken off by taxes for salaries in the public sector. Thus, the ratio Q determines the number of real GDP money units generated by one unit of disposable compensations. The ratio is clearly determined and can essentially explain some economic issues including, among others, the nature of the exchange rate. The ratio is simple by definition but complicated in computation since it should express GDP as seen by the market, per unit of disposable earnings of working people. (fragment of text)
Rocznik
Tom
13
Numer
Strony
3--19
Opis fizyczny
Twórcy
  • Cracow University of Economics, Poland
Bibliografia
  • Albert Einstein http://www.ruleof72.net/rule-of-72-einstein.asp
  • American Bureau of Labor Statistics, http://www.bls.gov/oes/current/oes_nat.htm
  • Beachill, B. and Pugh, G. (1998) "Monetary Cooperation in Europe and the Problem of Differential Productivity Growth: An Argument for a 'Two Speed' Europe". International Review of Applied Economics 12 (3)
  • Drine, I. and Rault, Ch. (2007) "Purchasing Power Parity for Developing and Developed Countries: What Can We Learn from Non-Stationary Panel Data Models?" (Discussion Papers Series), Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labour, IZA DP No. 2887
  • Dobija, M. (2000) "Human Resource Costing and Accounting as a Determinant of Minimum Wage Theory" in Zeszyty Naukowe 553: 39-62 (Cracow University of Economics)
  • Dobija, M. (2001) "A Fundamental Analysis of Exchange Rates. The Theory of the Exchange Value of Money". Argumenta Oeconomica Cracoviensia 1. Kraków: Cracow University of Economics Press
  • Dobija, M. (2003) "Wage, Money and Accounting Theoretical Relationships". Argumenta Oeconomica Cracoviensia 2. Kraków: Cracow University of Economics Press
  • Dobija, M. (2004a) "Theories of Chemistry and Physics Applied to Developing an Economic Theory of Intellectual Capital" in S. Kwiatkowski and P. Houdayer (eds) Knowledge Café for Intellectual Entrepreneurs hip THROUGH or AGAINST Institutions. Warsaw: Leon Koźmiński Academy of Entrepreneurship and Management. Available at SSRN: http://ssrn.com/abstract=838264
  • Dobija, M. (2004b) "Analityczna funkcja produkcji" [The production function in an analytical approach]. Ekonomika i Organizacja Przedsiębiorstwa 9 (656)
  • Dobija, M. (2005) "Financing Labour in the Public Sector without Tax Funds". Argumenta Oeconomica Cracoviensia 4. Kraków: Cracow University of Economics Press. Available at SSRN: http:// ssrn. com/abstract=956553
  • Dobija, M. (2007) "Abstract Nature of Capital and Money" in Linda M. Cornwall (ed.) New Developments in Banking and Finance, chapter 4. New York: Nova Science Publishers, Inc.
  • EconStat, http://66.221.89.50/weo/V020. htm
  • Grabowski, Z. (2001) "W związku z teorią wartości pieniądza i parytetem produktywności płacy" [On the theory of money and wage productivity parity]. Master of Business Administration 1 (48)
  • http://www. oanda. com/products/bigmac/bigmac.shtml
  • http://www. eurofound. eu. int/emire/SWEDEN/ANCHOR-MINIMIL-Ouml-N-SE. html
  • Kasa, K. (1995) FRBSF Weekly Letter 95 (22)
  • Knight, F. H. (1921) Risk, Uncertainty, and Profit. Library of Economics and Liberty. Accessed 10 December 2007 from: http://www.econlib.org/library/Knight/knRUP7.html
  • Kurek, B. (2007) Hipoteza deterministycznej premii za ryzyko [Hypothesis of the deterministic risk premium]. PhD thesis. Cracow University of Economics
  • Lothian, J. (1998). "Some New Stylized Facts of Floating Exchange Rates". Journal of International Money and Finance 17: 29-39
  • McConnell, C. and Brue, S. (1986) Contemporary Labour Economics. New York: McGraw-Hill, p. 82
  • Mishel, L., Bernstein, J. and Allegretto, S. (2007) The State of Working America 2006/2007. An Economic Policy Institute Book. Ithaca, NY: ILR Press, an imprint of Cornell University Press
  • Petryk, A, (20Q5) "History of Monetary Development in Ukraine". Bank i Kredyt, August
  • Pilbeam, K. (1998) International Finance, second edition. Macmillan Press Ltd, Houndmills
  • Rogoff, K. (1996) "The Purchasing Power Parity Puzzle". Journal of Economic Literature 34 (2): 647
  • Total Economy Database (January 2007). Groningen Growth and Development Centre and the Conference Board, www.ggdc.net/dseries/
  • World Salaries, http://www.worldsalaries.org/uk.shtml
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171266473

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.