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EFFICIENCY OF LABOR FORCE USE IN THE EUROPEAN UNION'S AGRICULTURE IN THE PERIOD 2011-2020.
- Source :
- Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development; 2021, Vol. 21 Issue 3, p659-672, 14p
- Publication Year :
- 2021
-
Abstract
- The paper aimed to analyze the efficiency of labor force input in the EU using the most representative indicators: agricultural production and gross value added per 1,000 AWU and also of Factor A in the decade 2011-2020. The applied methodology included fixed basis index in 2020 vs 2011, average annual growth rate in the interval, and market share. In the period 2011-2020, the EU agricultural output value and gross value added have definitely increased, accounting for Euro 411.77 Billion and, respectively, Euro 176,96 Billion in 2020, while labour input continued to decline reaching an employment rate of 4.37%. In 2020, the EU agricultural output value per 1,000 AWU accounted for Euro 60 Million while GVA for Euro 20.83 Million. While Denmark, Netherlands, Belgium, Luxembourg, Germany, Sweden, France are in the top compared to the EU average for agricultural output per AWU, Latvia, Bulgaria, Slovenia, Poland, Croatia and Romania are situate in the opposite corner. Compared to the EU average of Euro 20.83 Million for GVA/1,000 AWU, Netherlands, Denmark, France, Germany are on the top positions, while Bulgaria, Latvia, Slovenia, Croatia, Poland and Romania are on the last positions. Indicator A or Factor income reached 124% in 2020 being by 24% higher than in 2010. The highest Indicator A belongs to Bulgaria and Hungary, while the lowest one to Germany, Austria, Finland, Netherlands and Belgium. In conclusion, the efficiency of the use of labour force differs from an EU member state to another depending on its efforts to increase net gross value and decrease labour input. Only the growth of agricultural output, the optimization of intermediate consumption, the raise of net GVA, the decline in labor input but using only a high qualified, conscious, responsible, workable labor force and taking measures to face the climate change, the EU could grow the labour productivity. [ABSTRACT FROM AUTHOR]
- Subjects :
- LABOR supply
EMPLOYMENT statistics
AGRICULTURAL productivity
AGRICULTURE
EURO
Subjects
Details
- Language :
- English
- ISSN :
- 22847995
- Volume :
- 21
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development
- Publication Type :
- Academic Journal
- Accession number :
- 152909745