Abstract
The models of regions, econometric based on crosscutting statistics, have established that wages and the differentiation of household incomes have a significant impact on labor productivity in the regions of modern Russia. Changes in the level of remuneration and differentiation of incomes of the population in recent years explain 78–82% of changes in labor productivity in the regions, and the effect of the level of remuneration is twice the impact of the differentiation of incomes of the population. The impact of wages on productivity in the period grows. This indicates an increase in the efficiency of labor as a production factor. The influence of income differentiation on labor productivity, which had previously been lost due to the formation of an unfavorable institutional environment under the laws adopted in the country, resumed. The impact of income differentiation decreases, which indicates a decrease in its stimulating effect on labor productivity.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
