Study of the influence of labour costs on the organization value added based on panel data analysis
https://doi.org/10.28995/2073-6304-2019-3-20-31
Abstract
The article examines the impact of labour costs and their elements (conditionally variable and conditionally fixed costs, compensation and investment costs) on value added by the example of organizations that are members of the Belarusian State Concern for the Production and Sale of Light Industry Products (Bellegprom Concern), for the period 2012-2016. Following the analysis of panel data and tests, the most consistent and efficient models (FE and RE) were selected, and the regression coefficients were calculated and interpreted. The results can be used by the organizations of the Concern in managing labour costs to ensure the growth of value added.
About the Author
E. A. Alekseeva
Vitebsk State Technological University
Belarus
Belarus
Alena A. Alekseeva, master of Economics
bld. 72, Moskowskii Avenue, Vitebsk, Belarus, 210038
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Review
For citations:
Alekseeva E.A. Study of the influence of labour costs on the organization value added based on panel data analysis. RSUH/RGGU BULLETIN. Series Economics. Management. Law. 2019;(3):20-31. (In Russ.) https://doi.org/10.28995/2073-6304-2019-3-20-31
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