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pp. 2033-2042 | Article Number: ijese.2017.135
Published Online: November 15, 2017
Abstract
In this article, we have studied the relation of wages and capital productivity in 250 factories of food SMEs in Khorasan Razavi province, and we focused on using of machinery of them, the results shows, there is positive relation between them it means the wages is independent variable and the capital productivity is depended to it, there for if SMEs managers increase 1 % of wages of employees, they can be expected to increase 1.6 % of their capital productivity.
Keywords: Wages, Capital productivity, SMEs
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