How effective are labor wages on labor productivity?: An empirical investigation on the construction industry of New Zealand

How effective are labor wages on labor productivity?: An empirical investigation on the construction industry of New Zealand

This study empirically investigates (for the period of 1983–2017) the relationships between the parameters (labour wage (LW), labour productivity (LP) and unemployment (UNM) rate) of the construction sector in New Zealand. This study employs the Johansen co-integration test to determine if the rela...

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Bibliographic Details
Main Authors: Mustafa Ozturk, Serdar Durdyev, Osman Nuri Aras, Syuhaida Ismail, Nerija Banaitienė
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2020-01-01
Series:Technological and Economic Development of Economy
Subjects:
productivity
construction industry
labour wage
unemployment
New Zealand
Online Access:https://www.bme.vgtu.lt/index.php/TEDE/article/view/11917

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