ECONOMETRIC MODELS OF REGIONAL LABOUR PRODUCTIVITY
Abstract
The author substantiates relevant statistically significant factors of regional labour productivity growth: availability of production means to the regional economy, investment and innovative potential of the region, investment policy of the region. Due to this, the article proposes a set of independent variables and testes econometric models of regional labour productivity based on current statistical information about the development of Russian regions, which allowed for measuring growth reserves of work productivity in Russia and providing recommendations on their optimization.
The article reflects author’s ideas on development and justification of recommendations for optimizing state investments distribution in order to invest in the most successful (in terms of the increase of the number of highly productive jobs) regions and their influence on growth of regional labour productivity.
The author concludes that to increase labour productivity in the regions of Russia, it is necessary to ensure wage growth in education and utilities. An important task for the development of Russia’s regional economy is the growth in the number of highly productive jobs in mining, public administration, and financial services.
Keywords
labour productivity,
labour productivity growth factors,
state policy of the region,
labour productivity measurement methods
Supporting agencies: Russian Humanitarian Science Foundation and the Government of the Kaluga Region (No 15- 12-40004a (r)
References
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Review
For citations:
Burtseva T.A. ECONOMETRIC MODELS OF REGIONAL LABOUR PRODUCTIVITY. Voprosy statistiki. 2017;(3):30-36. (In Russ.)
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