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Vol.1 , No. 3, Publication Date: Jul. 21, 2015, Page: 53-63
 of construction enterprises of new European Union (EU) Member States countries before and after economic crisis. The objective is to analyse gross value added and labour productivity in construction enterprises in Central and Eastern Europe (CEE-8) and the Baltic States and continue with the EU-15 and EFTA countries before and after the European economic crisis. The CEE-8 and Baltic States were a half-century of Soviet-bloc countries. This will help to understand better the economic backwardness of the Western European countries. We will look at how the economic crisis has affected the gross value added of construction enterprises and analyze the changes in the companies by GVA. What are the lessons learned from the economic crisis? The literature review shows in short the crisis theory. It is concerned with explaining the recession, depression and business cycle in economics. Based on this and previous publications, we will offer a number of generalized suggestions.&picture=http://www.aascit.org/aascit/decorators/img/journal/926.jpg)
| [1] | Lembo Tanning, Faculty of Transport, TTK University of Applied Sciences, Tallinn, Estonia. |
| [2] | Toivo Tanning, Business School, Tallinn School of Economics, Tallinn, Estonia. |
The goal of this article is to analyse the gross value added (GVA) of construction enterprises of new European Union (EU) Member States countries before and after economic crisis. The objective is to analyse gross value added and labour productivity in construction enterprises in Central and Eastern Europe (CEE-8) and the Baltic States and continue with the EU-15 and EFTA countries before and after the European economic crisis. The CEE-8 and Baltic States were a half-century of Soviet-bloc countries. This will help to understand better the economic backwardness of the Western European countries. We will look at how the economic crisis has affected the gross value added of construction enterprises and analyze the changes in the companies by GVA. What are the lessons learned from the economic crisis? The literature review shows in short the crisis theory. It is concerned with explaining the recession, depression and business cycle in economics. Based on this and previous publications, we will offer a number of generalized suggestions.
Keywords
European Union, Construction Enterprises, Gross Value Added, Labour Productivity, Economic Crisis
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