Export, Industrial Productivity and International Competitiveness: A Case of Latvia
DOI:
https://doi.org/10.7250/eb.2013.002Keywords:
export, foreign trade, industry, efficiency, productivity, international competitivenessAbstract
The paper examines export, productivity and impact on the economy. The aim of the research is to analyse and estimate the exiting relations between exports of goods and services and labour productivity using the principles of input-output analysis and econometric methods. Special attention is devoted to Latvia’s economy; however, in order to perform international comparison and reveal the existence of regional or global trends the data on several member states of the European Union are used. The results of estimations argue that the higher the real labour productivity (per employee and per hour worked), the higher the export volume will be. The results also confirm that the higher the value added is in output, the higher the export ratio will be despite the fluctuations over time.
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Copyright (c) 2014 Astra Auziņa-Emsiņa, Velga Ozoliņa (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
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