The impact of labour costs on Polish export Cover Image

Wpływ kosztów pracy na polski eksport
The impact of labour costs on Polish export

Author(s): Magdalena Kapela, Katarzyna Osiecka
Subject(s): Human Resources in Economy
Published by: Instytut Zachodni im. Zygmunta Wojciechowskiego
Keywords: labour costs; export; international competitiveness of economy; global value chain

Summary/Abstract: Low labour costs in Poland contribute to its higher participation in global value chain. Nevertheless they can solidify the disadvantageous structure of Polish production and export(with small participation of high technology products and quite a prominent share of importedsemi-finished products in the export volume). Strong competition among countries and ease of goods and services flow increase the significance of product specification. The level of technology sophistication determines the quality of products and production efficiency and furthermore facilitates transfer from labour-intensive to capital-intensive branches. The main issue of this articleis to verify the impact of labour costs level on the volume and structure of Polish export. Thetime period (2007-2016) refers to the time before and after the world financial crisis when in 2009 export of most of the European economies crashed. The data is from Eurostat and GUS database. Methodology includes an overview of the literature, deduction, the method of least squares andindex of similarities in structure.

  • Issue Year: 366/2018
  • Issue No: 01
  • Page Range: 113-130
  • Page Count: 18
  • Language: English, Polish