Identification of Structural Changes in Labor Productivity in Russia
- DOI
- 10.2991/aebmr.k.210222.055How to use a DOI?
- Keywords
- labor productivity, structural changes identification, Russia
- Abstract
This article aims to study long-term changes in labor productivity in the Russian economy. The aim of the study is an empirical estimation of structural changes in labor productivity in Russia. To achieve the goal, the methods of statistical, descriptive and econometric analysis were used. The informational basis for the study was the data on labor productivity of the Organization for Economic Cooperation and Development (OECD), the Unified Archive of Economic and Sociological Data (UAESD), the International Labor Organization (ILO) and the Federal State Statistics Service of the Russian Federation. In the course of the study, the following tasks were consistently solved: firstly, methods for identifying structural changes have been systematized; secondly, empirical data, tools and research methods have been described; thirdly, the identification of structural changes in labor productivity in Russia (for the period 2003-2018) has been carried out. The results of econometric analysis showed that structural changes in labor productivity in Russia took place in the second quarter of 2008: its average annual growth rate was 5.96% in 2003-2008 and only 0.27% in 2008–2018. The structural changes in labor productivity is associated with the negative impact on the Russian economy of external shocks: the global financial crisis of 2008–2009 and economic sanctions imposed on Russia in 2014.
- 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/).
Cite this article
TY - CONF AU - E.V. Potaptseva AU - S.N. Smirnykh AU - M.V. Franz PY - 2021 DA - 2021/02/24 TI - Identification of Structural Changes in Labor Productivity in Russia BT - Proceedings of International Scientific and Practical Conference “Russia 2020 - a new reality: economy and society” (ISPCR 2020) PB - Atlantis Press SP - 281 EP - 286 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210222.055 DO - 10.2991/aebmr.k.210222.055 ID - Potaptseva2021 ER -