Abstract
The study is aimed at identifying predictors of labor productivity growth in Russian regions. To compile a primary set of predictors and establish the relationship between them, a contextual review of publications on the topic under study was carried out. The factors, that directly and indirectly affect the increase in labor productivity in the regions of Russia, include institutional conditions; investments in fixed assets; orientation of companies to the development of new markets and participation in export activities; research and development costs; technological and organizational innovation; investment in human capital. The theoretical foundations for the formation of effective incentives in the regions for changing the strategic behavior of companies that meet global technological and socio-economic challenges are formulated. The results of predictive analysis are the basis for building a model of system dynamics of relevant factors of growth in labor productivity in the regions.
Highlights
The study is aimed at identifying predictors of labor productivity growth in Russian regions
The results of predictive analysis are the basis for building a model of system dynamics of relevant factors of growth in labor productivity in the regions
Increasing labor productivity is an important problem in the modern Russian economy
Summary
Increasing labor productivity is an important problem in the modern Russian economy. due to the complexity and multidimensionality of this process, there are different points of view regarding the level of labor productivity and the set of factors affecting its growth. Predictive analysis of factors contributing or limiting the growth of labor productivity is the basis for the development of a regional policy of socio-economic development. Within the framework of this topic, the main object of study is the macroeconomic estimates of labor productivity in Russia. It is worth noting a very limited number of regional and microeconomic studies, which would comprehensively consider the factors affecting labor productivity. Microeconomic research is mainly focused on industrial companies, while other sectors of the economy (agriculture, construction, trade, non-market services, etc.) are often excluded from the analysis. The identification of factors contributing or limiting productivity growth, including taking into account regional and sectoral differences, is the basis for developing government support measures for companies
Sign-in/Register to view highlights & summary 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.
