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

• Main Authors: Ozturk, M., Durdyev, S., Nuri Aras, O., Ismail, S., Banaitiene, N.
• Format: Article
• Published: VGTU Press 2020
• Subjects: T Technology (General)
• Online Access: http://eprints.utm.my/id/eprint/86934/; https://dx.doi.org/10.3846/tede.2020.11917

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 t...