Econometric model in the analysis of an enterprise’s labor resources

• Published in: Microeconometrics in Business Management pp. 151 - 189
• Main Author: Wisniewski, Jerzy Witold
• Format: Book Chapter
• Language: English
• Published: United Kingdom John Wiley & Sons, Incorporated 2015; John Wiley & Sons, Ltd
• Subjects: econometric model; enterprise's labor resources; labor‐intensity of production; small‐sized enterprise employment; white‐collar worker
• ISBN: 9781119096801; 1119096804
• DOI: 10.1002/9781119154136.ch6

This chapter presents various approaches to econometric modeling of employment in a small‐sized enterprise. It also presents the consequences of the changes in various external and internal factors, including an increase in a small‐sized enterprise's tax burdens, on shaping the size of employment. The econometric model of employment in a small‐sized enterprise contains explanatory variables of varied nature. Each of those statistically significant variables is a condensate of many employment factors. The next econometric model of employment in the enterprise is designed to assess the impact that the burden of the tax on goods and services has on companies. The chapter presents the tendencies of the changes in the labor intensity of production in a small‐sized enterprise. Measuring both the workers' labor efficiency as well as their personal characteristics is essential for application of the decision‐making tool indicated in the chapter.