Open AccessPersonnel Expenses and Productivity Change in Peruvian Stock Mining Companies
Author(s) -
Johan Axcel Torres Bonilla,
Fiorella Melissa Arena Pariona Marcos,
Pedro Bernabé Venegas Rodríguez,
Nivardo Alonzo Santillán Zapata,
Jimmy Alberth Deza Quispe
Publication year - 2021
Publication title -
international journal of financial research
Language(s) - English
Resource type - Journals
eISSN - 1923-4031
pISSN - 1923-4023
DOI - 10.5430/ijfr.v12n3p181
Subject(s) - productivity , malmquist index , business , technological change , index (typography) , stock (firearms) , stock market , technical change , industrial organization , economics , total factor productivity , economic growth , geography , computer science , context (archaeology) , archaeology , world wide web , macroeconomics
Copper mining activities have a huge importance for both the Peruvian economy and the world. Then, it is important to analyze how mining companies face productivity to stay afloat in the competitive world market. For this reason, Peruvian mining companies were analyzed in the 2016-2019 period by employing the Malmquist index as well as its decomposition. Two-year, three-year, and four-year intervals were used for a better understanding of the results. It was found that the major determinants for productivity change was technical efficiency change and technological switch.