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Title variants
Labour demand elasticity in Poland - sectoral approach
Languages of publication
Abstracts
The main aim of the paper is to analyse the elasticity of labour demand in Poland in the main economic sectors (agriculture, industry, construction and services) in 1995-2003. On the basis of economic theory it is assumed that the chief factors determining labour demand are: real wages (neoclassical factor) and the agregate demand (keynesian factor). The researches undertaken should answer the question which of these factors had the gratest impact on the level of labour demand. The analyses provided in the paper shows that the most important factor determining the level of labour demand was the agregate demand. The elasticity of labour demand in respect to agregate demand was differenciated in particular economic sectors. The highest elasticity was noted in the services sector. The growth of real wage could be the factor which limited the growth of employment in industrial and construction sectors. In these sectors the growth of real wages was higher than the growth of labour productivity. The changes in the sectoral structure of employment are of positive direction according the three sectors theory. We could noticed the increase in the employment share in the services sector and fall in employment share in the agriculture and industrial sector. These changes should lead to increase the economic growth rate in Poland.
Keywords
Year
Volume
Physical description
Dates
published
2006
Contributors
References
Document Type
Publication order reference
Identifiers
URI
http://hdl.handle.net/11089/17425
YADDA identifier
bwmeta1.element.hdl_11089_17425
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