Abstract

In recent years, research on labor productivity has become increasingly relevant due to the pressing issue of labor shortages. The implementation of the national project “Labor Productivity” has shifted research interest toward measuring productivity levels. This paper hypothesizes that the approaches to measuring labor productivity adopted in Russian statistical practice differ significantly from research methodologies and recommendations, failing to address the driving forces behind productivity growth. This raises the question of identifying the nature of these differences to correct the interpretation of measure-ments and to understand avenues for enhancing productivity. This article systematizes approaches and methodologies for measuring labor productivity while identi-fying the challenges of their application in statistical observations at industry levels and within the Russian economy as a whole. The authors employed systematic, comparative, and statistical methods for scientific analysis. The findings indicate that few of the methods for measuring labor productivity proposed by for-eign research are used in Russian statistical practice. This leads to a decrease in the possibility of conduct-ing research at the macroeconomic and sectoral levels. In this regard, the question of measuring labor productivity in the Russian economy is still open. The conclusions regarding the characteristics and chal-lenges of calculation methodologies may serve as a basis for developing strategies to improve labor produc-tivity measurement. This is essential for conducting accurate assessments and identifying pressing issues re-lated to productivity growth in Russia.

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 call

Disclaimer: 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.