Competitiveness of the State and social welfare are closely related to the effective use of production factors. Organisations that have achieved higher level of labour productivity are more competitive and beneficial for the State and society. Modern management methods have positive impact on labour productivity, therefore their application is supported. One of the promotion measures is “Procesas LT”, under which business organisations are granted non-refundable subsidies for the implementation of modern management methods to increase labour productivity. Administrative institutions make decisions about granting funds of this promotion measure for the projects of business organizations, not taking into account macroeconomic factors that influence labour productivity as well. It has been determined that the counterfactual impact evaluation of this measure can be carried out in the enterprises that have been granted the support. The counterfactual impact evaluation of measure “Procesas LT” has been conducted as an empirical research in the enterprises of construction sector that have implemented the Occupational Health and Safety Management System in accordance with the requirements of standard OHSAS 18001. The authors of the research acknowledge Public Institution Lithuanian Business Support Agency for cooperation.
CITATION STYLE
Baroniene, L., & Zirgutis, V. (2017). Counterfactual impact evaluation of the support under measure “procesas LT” in enterprises of the construction sector. Engineering Economics, 28(4), 411–420. https://doi.org/10.5755/j01.ee.28.4.13718
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