[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/tec/journl/v25y2021i1p225-241.html
   My bibliography  Save this article

Issues concerning the dynamics of labor productivity at the level of the companies in Constanta County operating in the "Construction" sector before and after the COVID-19 pandemic

Author

Listed:
  • Mari-Isabella Stan

    (Ovidius University of Constanta, Faculty of Law and Administrative Sciences)

Abstract
The construction industry sector plays an important role in the national and local economy, and its activities are vital for achieving the objectives of economic and social development which lead to increasing the citizens' quality of life. In the construction sector, the COVID-19 crisis has led to a reduction in site productivity, which has led to an increase in compliance costs, delayed projects and increased the exposure of construction workers to risk and infection. Given that many companies have experienced substantial declines in turnover and high turnover uncertainty during this pandemic, a continuous analysis of the economic climate, respectively of the main indicators of the companies active on the market is a very important element in terms of outlining an overall view of the current situation, as well as the trends in the construction sector. This study provides an empirical analysis as to before and after the COVID-19 pandemic level of labor productivity of economic agents operating in the construction sector in Constanta County. Starting from assessments of the average turnover and the evolution of the workforce of the companies in the construction sector located on the territory of Constanta County, the objective of the research was the dynamical analysis of the level of labor productivity and the way it was influenced by the emergence of this unexpected event. The obtained results confirmed the research hypothesis, namely that the level of labor productivity is influenced by the level of investment and it registers a moderate increase, yet on a noticeable increasing trend, the probable reason being the construction projects for public investment carried out in the area.

Suggested Citation

  • Mari-Isabella Stan, 2021. "Issues concerning the dynamics of labor productivity at the level of the companies in Constanta County operating in the "Construction" sector before and after the COVID-19 pandemic," Technium Social Sciences Journal, Technium Science, vol. 25(1), pages 225-241, November.
    • Handle: RePEc:tec:journl:v:25:y:2021:i:1:p:225-241
    DOI: 10.47577/tssj.v25i1.5095
    as

    Download full text from publisher

    File URL: https://techniumscience.com/index.php/socialsciences/article/view/5095/1747
    Download Restriction: no
    File URL: https://techniumscience.com/index.php/socialsciences/article/view/5095
    Download Restriction: no
    File URL: https://libkey.io/10.47577/tssj.v25i1.5095?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kamer-Ainur Aivaz, 2020. "Considerations on Asset Management and Turnover Factorial Correlations: The Case of Dobrogea Region, Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 68-74, December.
    2. Wesam Salah Alaloul & Muhammad Ali Musarat & Muhammad Babar Ali Rabbani & Qaiser Iqbal & Ahsen Maqsoom & Waqas Farooq, 2021. "Construction Sector Contribution to Economic Stability: Malaysian GDP Distribution," Sustainability, MDPI, vol. 13(9), pages 1-26, April.
    3. Arturas Kaklauskas & Edmundas Kazimieras Zavadskas & Natalija Lepkova & Saulius Raslanas & Kestutis Dauksys & Ingrida Vetloviene & Ieva Ubarte, 2021. "Sustainable Construction Investment, Real Estate Development, and COVID-19: A Review of Literature in the Field," Sustainability, MDPI, vol. 13(13), pages 1-42, July.
    4. Eriksson, Tor & Qin, Zhihua & Wang, Wenjing, 2014. "Firm-level innovation activity, employee turnover and HRM practices — Evidence from Chinese firms," China Economic Review, Elsevier, vol. 30(C), pages 583-597.
    5. Antonescu, Daniela, 2020. "Sectorul Întreprinderilor Mici și Mijlocii în timpul crizei COVID-19. Cazul României [The Small and Medium Enterprises Sector during the COVID-19 crisis. The Case of Romania]," MPRA Paper 100295, University Library of Munich, Germany.
    6. Zubizarreta, Mikel & Cuadrado, Jesús & Iradi, Jon & García, Harkaitz & Orbe, Aimar, 2017. "Innovation evaluation model for macro-construction sector companies: A study in Spain," Evaluation and Program Planning, Elsevier, vol. 61(C), pages 22-37.
    7. Groenewegen, Jesse & Hardeman, Sjoerd & Stam, Erik, 2021. "Does COVID-19 state aid reach the right firms? COVID-19 state aid, turnover expectations, uncertainty and management practices," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    8. Adrian MICU & Angela Eliza MICU & Kamer AIVAZ & Alexandru CAPATINA, 2016. "The Genetic Approach Of Marketing Research," ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, Faculty of Economic Cybernetics, Statistics and Informatics, vol. 50(3), pages 229-246.
    9. Mihaela Rus & Mihaela Luminita Sandu & Tasente Tanase, 2020. "Covid-19 crisis in Romania - between perception and attitude," Technium Social Sciences Journal, Technium Science, vol. 6(1), pages 69-87, April.
    10. Chivu, Luminița & Georgescu, George, 2020. "Vulnerabilități ale pieței muncii din România sub impactul COVID-19 [Labor market vulnerabilities under the COVID-19 impact in Romania]," MPRA Paper 101676, University Library of Munich, Germany.
    11. Ma, Le & Liu, Henry J. & Edwards, David J. & Sing, Michael C.P., 2021. "Housing price dynamics on residential construction: A case study of the Australian property sector," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 525-532.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kamer-Ainur Aivaz & Constantin Avram, 2021. "An analysis of the performance of the companies in Constanta County which operate in the real estate transactions field in the context of sustainable development," Technium Social Sciences Journal, Technium Science, vol. 26(1), pages 475-487, Decembrie.
    2. Mari-Isabella Stan, 2022. "The impact of the pandemic crisis on employment in the context of urbanization," Technium Social Sciences Journal, Technium Science, vol. 33(1), pages 492-505, July.
    3. Kamer-Ainur Aivaz & Ionela Florea Munteanu & Alina Chiriac, 2022. "An exploratory analysis of the dynamics of the activity of the Fiscal Anti-fraud Directorate General in the 2014-2020 period at the level of Romania," Technium Social Sciences Journal, Technium Science, vol. 30(1), pages 337-347, April.
    4. Mari-Isabella Stan, 2022. "An Analysis of the Municipal Waste Management of Romania and Bulgaria in the European Context," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 166-174, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mari-Isabella Stan & Dragos-Florian Vintila, 2021. "Can the Degree of Indebtedness of the Economic Agents Operating in the Construction Sector in Constanta County Influence the Development of the Coastal Area ?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 163-170, August.
    2. Mari-Isabella Stan, 2021. "A dynamic image of the final authority act of local public administrations exercised by issuing building permits. Case study: the South-East Development Region of Romania," Technium Social Sciences Journal, Technium Science, vol. 26(1), pages 65-79, Decembrie.
    3. Mari-Isabella Stan, 2022. "Does the activity of passenger transport have growth potential for the sustainable development of Constanta County?," Technium Social Sciences Journal, Technium Science, vol. 29(1), pages 509-522, March.
    4. Mari-Isabella Stan, 2022. "Are public administrations the only ones responsible for organizing the administration of green spaces within the localities? An assessment of the perception of the citizens of Constanta municipality ," Technium Social Sciences Journal, Technium Science, vol. 31(1), pages 58-74, May.
    5. Mari-Isabella Stan & Dragos-Florian Vintila, 2021. "An Investigation of the Structure of Fixed Assets of Construction Companies in the Context of Coastal Area Development," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 171-178, August.
    6. Bai Xiaoping & Pu Tao, 2021. "Strategic Learning and Knowledge Management of Technological Innovation in Safety Evaluation Planning of Construction Projects," SAGE Open, , vol. 11(4), pages 21582440211, November.
    7. Ali Zackery & Joseph Amankwah-Amoah & Zahra Heidari Darani & Shiva Ghasemi, 2022. "COVID-19 Research in Business and Management: A Review and Future Research Agenda," Sustainability, MDPI, vol. 14(16), pages 1-32, August.
    8. Mari-Isabella Stan, 2022. "The impact of the pandemic crisis on employment in the context of urbanization," Technium Social Sciences Journal, Technium Science, vol. 33(1), pages 492-505, July.
    9. Charlie Tchinda & Marcus Dejardin, 2021. "Are Business Policy Measures in Response to the COVID-19 Pandemic to Be Equally Valued? An Exploration According to SMEs Owners’ Business Expectations," Sustainability, MDPI, vol. 13(21), pages 1-42, October.
    10. Latukha, M. & Veselova, A. & Selivanovskikh, L. & Artukh, E. & Mitskevich, E., 2016. "Re-thinking the role of talent management in a firm’s performance: Talent management practices and absorptive capacity," Working Papers 6442, Graduate School of Management, St. Petersburg State University.
    11. Kochaniak, Katarzyna & Ulman, Paweł & Zajkowski, Robert, 2023. "Effectiveness of COVID-19 state aid for microenterprises in Poland," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 483-497.
    12. Valentiny, Pál, 2023. "Koronavírus-járvány és versenyszabályozás [Competition policy and the coronavirus pandemic]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 398-431.
    13. Nătăliţa-Mihaela Frumușanu & Adreea-Mihaela Marin (Zgardan) & Mihaela Martin, 2020. "The Impact of COVID-19 Pandemic on the Activity of the Professional Accountant," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 922-931, December.
    14. Mario Paguay & Juan Diego Febres & Eduardo Valarezo, 2023. "Occupational Accidents in Ecuador: An Approach from the Construction and Manufacturing Industries," Sustainability, MDPI, vol. 15(16), pages 1-14, August.
    15. Ahmad, Wasim & Kutan, Ali M. & Chahal, Rishman Jot Kaur & Kattumuri, Ruth, 2021. "COVID-19 Pandemic and firm-level dynamics in the USA, UK, Europe, and Japan," International Review of Financial Analysis, Elsevier, vol. 78(C).
    16. Fauzan Choon bin Abdullah, 2024. "The Impact of Moderation Analysis Between Effective Project Governance and Project Performance Management in Malaysia's Construction Industry ," GATR Journals gjbssr652, Global Academy of Training and Research (GATR) Enterprise.
    17. Lily Davies & Mark Kattenberg & Benedikt Vogt, 2023. "Predicting Firm Exits with Machine Learning: Implications for Selection into COVID-19 Support and Productivity Growth," CPB Discussion Paper 444, CPB Netherlands Bureau for Economic Policy Analysis.
    18. Hazwan Haini & Pang Wei Loon & Lawal Olamilekan Abdulwahab & Wafid Sophian, 2024. "Did government support delay bankruptcy during the pandemic?," Economic Affairs, Wiley Blackwell, vol. 44(1), pages 17-30, February.
    19. Ambroziak Adam A., 2022. "Forms of COVID-19 state aid by beneficiary size in Poland in 2020," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 58(1), pages 44-63, March.
    20. Muhammad Ali Musarat & Wesam Salah Alaloul & Nasir Hameed & Dhinaharan R & Abdul Hannan Qureshi & Mohamed Mubarak Abdul Wahab, 2022. "Efficient Construction Waste Management: A Solution through Industrial Revolution (IR) 4.0 Evaluated by AHP," Sustainability, MDPI, vol. 15(1), pages 1-16, December.

    More about this item

    Keywords

    Labor productivity; construction sector; Constanta county; COVID-19;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tec:journl:v:25:y:2021:i:1:p:225-241. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tasente Tanase (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.