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Economic factor’s on wage determination Albanian case study

Author: 
Elona Hysa
Subject Area: 
Social Sciences and Humanities
Abstract: 

In this study it made an in-depth analysis of the role of wage as an important instrument of management policy to increase welfare in Albania. Specifying a model of linear regression simple two independent variables to determine the relationship that exists between real average wage per employee in the public and private sectors where the employment rate and GDP per capita, is another contribution of this study. The main finding of this study is that the Gross Domestic Product per capita is significantly positive impact on the average monthly wage per employee. The size of the increase in GDP per capita has a positive effect on increasing the average real wage per employee in the public and private sector. The effect of increasing the level of employment at the national level has a positive effect but not too high in real average wage growth per employee. Results of regression economic sense in the two dependent variables measured during the study period statistically significant result and it shows that there is a link between the dependent variable and independent variables.

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