Correlation of Wages and Labor Productivity in Russia and Abroad

DOI

10.2991/assehr.k.210322.101How to use a DOI?

Keywords

Wages, Labor productivity, Correlation, Costs, Real incomes, Country, Calculation methods, Devaluation, Corruption

Abstract

Current article represents research in the field of labor productivity and wages, as well as their correlation. The authors highlight the main tasks and set the goal of analyzing the correlation between wages and labor productivity in the Russian Federation in comparison with the EU countries and the United States. The study revealed an excessively overestimated level of correlation between labor productivity and wages in Russia and in a number of foreign countries, with the exception of the G7 countries. The novelty of the article is the demonstration of the real situation and the high level of correlation between labor productivity and wages in Russia.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Alexander Chernopyatov
AU  - Ludmila Makuschenko
AU  - Maksim Mordanov
AU  - Mariya Zalevskaya
AU  - Anna Korepanova
AU  - Vera Popova
PY  - 2021
DA  - 2021/03/30
TI  - Correlation of Wages and Labor Productivity in Russia and Abroad
BT  - Proceedings of the VIII International Scientific and Practical Conference 'Current problems of social and labour relations' (ISPC-CPSLR 2020)
PB  - Atlantis Press
SP  - 154
EP  - 158
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210322.101
DO  - 10.2991/assehr.k.210322.101
ID  - Chernopyatov2021
ER  -