Examination of Selected Economic Perspectives in the Mining Industry

development of the mining industry in Slovakia from an economic
point of view. Attention was also paid to possible changes after the
intervention leading to the transformation of the mining industry,
especially in the Hornonitriansky region. Descriptive analysis,
frequency analysis, and regression analysis (Interrupted Time
Series) were used to meet this objective. The analyses included four
economic indicators related to industrial areas, namely turnover,
employed persons, nominal wages, and labour productivity. The
data were analysed for the period 2008–2020. Compared to other
industrial areas, the mining industry showed nominal wages at a
slightly above-average level, while other indicators were at a lower
level. In terms of the position in the overall structure of industrial
areas, the mining industry had less positive positions but was
comparable to several industries. Nominal wages and labour
productivity in the mining industry showed a markedly increasing
trend during the analysed period, while turnover increased only
slightly. In terms of the number of employees, there was a visible
decreasing trend. The trends in the analysed period were significant.
The intervention (amendment) showed a positive relationship with
nominal wage increases in the short term. Regarding the postintervention period, the trend after the intervention did not differ
significantly from the trend before the intervention. Mining in
Slovakia is a viable industrial area that achieves comparable results
as some other industrial areas. All the findings of the study indicate
that the mining industry in Slovakia requires special attention in
political and social discussions.