ANALYSIS OF LABOUR PRODUCTIVITY IN WOOD PROCESSING AND FURNITURE INDUSTRY

Performance of enterprises, sectors and economies depends on effectiveness of production factors utilization. Labour is one of the main production factors which can significantly affect the performance growth of the enterprise or industry. The aim of the paper is to present indicators designed to measure the labour productivity at the sector level and assess the labour productivity in the wood processing and furniture industry of the Czech Republic, Slovakia and Austria for a period of ten years. On the basis of an analysis of available scientific literature, a system of indicators measuring labour productivity at the sector level was set up. Input data for the analysis was obtained from databases of Statistics Offices with annual data on selected economic indicators in wood processing industry for a period of years 2002 - 2011. Data was used in calculation of individual indicators.