IDEAS home Printed from https://ideas.repec.org/p/wii/spaper/statr1.html
   My bibliography  Save this paper

Unit Labour Costs in the New EU Member States

Author

Listed:
  • Peter Havlik

Abstract

Unit labour costs (ULCs) are one of the key economic variables considered in the context of globalization, competitiveness and production-location decisions. With the EU accession of eight Central and East European countries and their (almost) full inclusion in the European Single Market, the issues related to the labour cost competitiveness of these countries has become even more important. The present paper outlines the key methodological and practical problems associated with the evaluation of ULCs with a particular focus on the new EU member states (NMS). It provides also new and up-to-date internationally comparable ULC estimates for NMS at both the aggregate level (for the whole GDP) and in the manufacturing industry, as well as for its individual branches. A detailed statistical appendix contains indicators of macro-competitiveness for each NMS as well as data on productivity, labour costs and ULC estimates in the manufacturing industry.

Suggested Citation

  • Peter Havlik, 2005. "Unit Labour Costs in the New EU Member States," wiiw Statistical Reports 1, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:spaper:statr:1
    as

    Download full text from publisher

    File URL: https://wiiw.ac.at/unit-labour-costs-in-the-new-eu-member-states-dlp-508.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Uddin, Moshfique & Chowdhury, Anup & Zafar, Sheeba & Shafique, Sujana & Liu, Jia, 2019. "Institutional determinants of inward FDI: Evidence from Pakistan," International Business Review, Elsevier, vol. 28(2), pages 344-358.
    2. Anselm Komla Abots, 2015. "Foreign Ownership of Firms and Corruption in Africa," International Journal of Economics and Financial Issues, Econjournals, vol. 5(3), pages 647-655.
    3. N. N., 2007. "Österreichs Außenwirtschaft 2007," WIFO Studies, WIFO, number 31060.
    4. Peter Havlik & Sebastian Leitner & Robert Stehrer, 2012. "Growth Resurgence, Productivity Catching-up and Labour Demand in Central and Eastern European Countries," Chapters, in: Matilde Mas & Robert Stehrer (ed.), Industrial Productivity in Europe, chapter 8, Edward Elgar Publishing.
    5. repec:wsr:ecbook:2008:i:i-015 is not listed on IDEAS
    6. Okello,Jimmy Apaa & Brownbridge,Martin & Canagarajah,Roy S., 2021. "Have Remittances Affected Real Unit Labor Costs in the Transition Economies of Eastern Europe, the South Caucasus, and Central Asia ?," Policy Research Working Paper Series 9513, The World Bank.
    7. Bellak, Christian & Leibrecht, Markus & Riedl, Aleksandra, 2008. "Labour costs and FDI flows into Central and Eastern European Countries: A survey of the literature and empirical evidence," Structural Change and Economic Dynamics, Elsevier, vol. 19(1), pages 17-37, March.
    8. Peter Havlik & Sebastian Leitner & Robert Stehrer, 2008. "Growth Resurgence, Productivity Catching-up and Labour Demand in CEECs," wiiw Statistical Reports 3, The Vienna Institute for International Economic Studies, wiiw.

    More about this item

    Keywords

    competitiveness; labour costs; productivity; manufacturing; EU enlargement;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • F49 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Other
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wii:spaper:statr:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Customer service (email available below). General contact details of provider: https://edirc.repec.org/data/wiiwwat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.