THE ELASTICITY OF LABOR PRODUCTIVITY BY FACTORS OF PRODUCTION IN MODERN RUSSIA
Abstract and keywords
Abstract (English):
The correlation between labor productivity and indicators reflecting the influence of socio-economic and innovative factors in the regions of Russia for 2015-2018 were evaluated. For each year, according to statistics from 82 regions of Russia, econometric models are constructed that allow obtaining elasticity coefficients of labor productivity by capital-labor ratio, foreign investment, average monthly wage, income inequality, producer price index of industrial goods, export share in gross regional product. The prospects of economic policy aimed at increasing labor productivity were estimated.

Keywords:
productivity, regions, capital-labor ratio, foreign investment, wages, income inequality, export, economic policy
References

1. Basovskiy L.E., Basovskaya E.N. Postindustrial'nye uklady v jekonomike Rossii [Post-industrial structures in the economy of Russia]. M.: INFRA-M Publ. 2017. 159 p. (In Russian)

2. Rastvortseva S.N. Labor productivity and capital-labor ratio in ensuring the economic growth of Russian regions [Social'noe prostranstvo] 2018, №1. Pp. 1-9. (In Russian)

3. Kirilyuk I.L. Models of production functions for the Russian economy [Komp'juternye issledovanija i modelirovanie] 2013. No. 2. P. 293-312. (In Russian)

4. Afanasyev A.A., Ponareva O.S. The production function of the national economy of Russia in 1990-2012 [Jekonomika i matematicheskie metody] 2014. №4. Pp. 21-33. (In Russian)

5. Makarov V.L., Ayvazyan S.A., Afanasyev M.Yu., Bakhtizin A.R., Nanavyan A.M. Evaluation of the effectiveness of the regions of the Russian Federation taking into account the intellectual capital, characteristics of readiness for innovations, level of well-being and quality of life of the population [Jekonomika regionov] 2014. №4. P. 9-30. (In Russian)

6. Mamonov M.E., Pestova A.A. Analysis of the technical efficiency of national economies: the role of institutions, infrastructure and resource rent [Zhurnal Novoj jekonomicheskoj associacii] 2015, No. 3, p. 44-78. (In Russian)

7. Basovskiy L.E., Basovskaya E.N. Study of the Economics of Regions of Russia: Econ-ometric Approach [Nauchnye issledovanija i razrabotki. Jekonomika] Research and Development. Economy. 2014. No. 2. P. 13-17. DOI: https://doi.org/10.12737/3648 (In Russian)

8. Basovskiy L. E., Averina T. N., Basovskaja E. N. [Nauchnye issledovanija i razrabotki. Jekonomika] Research and Development. Economy. 2019. No. 5. P. 9-17. DOI: https://doi.org/10.12737/article_5dad9ccb3c25e0.76807110 (In Russian)

9. Basovskiy L. E., Basovskaja E. N., Grishina S. A., Shishkin A. N. Some basic factors of labor productivity in the regions of Russia. [Nauchnye issledovanija i razrabotki. Jekonomika] Research and Development. Economy. 2019. No. 5. P. 18-26. DOI: https://doi.org/10.12737/article_5dad9e1f369f07.36235586 (In Russian)

10. Jekonometrika [Econometrics]. Ed. I.I. Eliseeva. M.: Finansy i statistika Publ. 2002. 344 p. (In Russian)

11. Basovskiy L.E., Basovskaya E.N. Production functions of labor productivity in modern Russia [Proizvodstvennye funkcii proizvoditel'nosti truda sovremennoj Rossii] Research and Development. Economy. 2020. No. 3. P. 18-22. DOI: https://doi.org/10.12737/2587-9111-2020-18-22 (In Russian)

Login or Create
* Forgot password?