scholarly journals Ensuring of labor productivity growth in the context of investment and innovation activity intensification

2017 ◽  
Vol 15 (4) ◽  
pp. 197-208 ◽  
Author(s):  
Mariia V. Dykha ◽  
Nataliia P. Tanasiienko ◽  
Galina M. Kolisnyk
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Innovation Policy ◽  
The State ◽  
Innovation Strategy ◽  
Innovation Activity ◽  
High Tech ◽  
Labor Productivity Growth ◽  
Technological Level ◽  
State Investment

Labor productivity determines the level and quality of life of society. The technical and technological level of production determines the level of labor productivity in the country. Therefore, the purpose of the article is to substantiate the basic theoretical principles and practical recommendations for intensification of investment and innovation activity. The object of research is the processes of the intensification of the investment and innovation activity in the system of ensuring of productivity growth. The theoretical and methodological basis of the research is the scientific works of domestic and foreign authors on labor productivity and ways of its increasing. As a result of the research, the level and dynamics of labor productivity in the countries of the world have been analyzed. The level of labor productivity in Ukraine in comparison with other countries has been determined. The introduction of innovations has been determined among the key factors in the growth of labor productivity. Therefore, the strategy of the investment and innovation development has been proposed. The basic principles of effective implementation of the investment-innovation strategy and the state investment-innovation policy for ensuring labor productivity growth have been substantiated. In order to achieve the goals of state investment and innovation policy and obtain the results on the growth of labor productivity, the priorities of allocation of public finance, as well as measures to enhance the development of venture capital and to stimulate the production of high-tech production have been proposed. The combination of changes from the implementation of the investment and innovation strategy, the state investment and innovation policy will result in the growth of labor productivity, ensure the competitiveness of the economy and sustainable socio-economic development of Ukraine.

Econometric Analysis of Factors of Labor Productivity Growth in Constituent Entities of the Russian Federation

2021 ◽  
Vol 28 (2) ◽  
pp. 80-89
Author(s):  
E. A. Gafarova
Keyword(s):  
Comparative Analysis ◽  
Labor Productivity ◽  
Russian Federation ◽  
Productivity Growth ◽  
Structural Changes ◽  
Added Value ◽  
High Tech ◽  
Labor Productivity Growth ◽  
The Russian Federation ◽  
Analysis Of Dynamics

In the current context of recovery growth in Russia, the urgent task of identifying factors of growth of labor productivity can be solved using econometric methods. Preliminary examination of interregional comparative analysis of dynamics of this crucial economic efficiency index, in the author’s opinion, showed low information content of this approach due to the presence of a low base effect. The author recommends a more realistic approach to the interregional comparative analysis of the labor productivity dynamics and its growth factors on the basisof econometric panel data models.It was revealed that for the period 2010–2018, the growth of labor productivity in the regions of the Russian Federation strongly correlated with dynamic characteristics of industrial production, real wages and physical volume of investments in fixed assets, growth intensity in the share of added value of high-tech and knowledge-intensive industries in GRP. It has been empirically proven that the growth of labor productivity in the regions in the considered interval correlates with a decrease in the number of employees. In addition, an increase in labor productivity is typical for constituent entities of the Russian Federation with high rates of industrial production.The influence of the structure of employed in the economy on the level of education on the growth of labor productivity has not been established, which may indicate the presence of inefficient jobs. Also, the hypothesis that the export-oriented regions of the Russian Federation are highly productive has not been confirmed.In conclusion, taking into account the results of modeling, the author formulated recommendations adjusting focal points of structural changes in the economy, which could boost labor productivity growth.

Opportunities for accelerating labor productivity growth: The role of small and medium enterprises

2020 ◽  
pp. 98-114
Author(s):  
Evguenia V. Bessonova ◽  
Alexander G. Morozov ◽  
Natalia A. Turdyeva ◽  
Anna N. Tsvetkova
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Small And Medium Enterprises ◽  
Growth Potential ◽  
Business Climate ◽  
Labor Productivity Growth ◽  
Positive Effects ◽  
Low Efficiency ◽  
Medium Enterprises ◽  
Medium Firms

The paper considers necessary conditions for acceleration of labor productivity growth in Russia. Based on micro data, as well as aggregate data, the paper quantifies the contribution of small and medium firms to labor productivity growth. It shows that mere increase of the number of small and medium enterprises is not as important for positive effects of these programs, as qualitative improvements: development of favorable environment for growth, which is largely determined by business climate. Accelerating productivity growth involves redistribution of labor and capital from inefficient to efficient enterprises. In particular, it is necessary to create conditions, which allow a firm to grow after it enters the market instead of stagnating as a small firm with low efficiency. At the same time, it is necessary for ineffective firms, which exhausted their growth potential, to have an opportunity to exit the market easily leaving resources including labor to fast-growing companies.

scholarly journals Intangible Assets and Labor Productivity Growth

Economies ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 82
Author(s):  
Carolina Hintzmann ◽  
Josep Lladós-Masllorens ◽  
Raul Ramos
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Intangible Assets ◽  
Manufacturing Sector ◽  
Intangible Asset ◽  
Labor Productivity Growth ◽  
Eu Member States ◽  
Different Types ◽  
European Economies ◽  
D Investment

We examine the contribution to labor productivity growth in the manufacturing sector of investment in different intangible asset categories—computerized information, innovative property, and economic competencies—for a set of 18 European countries between 1995 and 2017, as well as whether this contribution varies between different groups of countries. The motivation is to go a step further and identify which single or combination of intangible assets are relevant. The main findings can be summarized as follows. Firstly, all the three different categories of intangible assets contribute to labor productivity growth. In particular, intangible assets related to economic competences together with innovative property assets have been identified as the main drivers; specifically, advertising and marketing, organizational capital, research and development (R&D) investment, and design. Secondly, splitting the sample of European Union (EU) member states into three groups—northern, central and southern Europe—allows for the identification of a significant differentiated behavior between and within groups, in terms of the effects of investment in intangible assets on labor productivity growth. We conclude that measures promoting investment in intangibles at EU level should be accompanied by specific measures focusing on each country’s needs, for the purpose of promoting labor productivity growth. The obtained evidence suggests that the solution for the innovation deficit of some European economies consist not only of raising R&D expenditure, but also exploiting complementarities between different types of assets.

scholarly journals Managed attenuation of the mining enterprise as a component of the development strategy of the territory

2020 ◽  
Vol 177 ◽  
pp. 05005
Author(s):  
Dmitriy Yadransky ◽  
Elena Chumak ◽  
Rinat Latypov
Keyword(s):  
Development Strategy ◽  
Labor Productivity ◽  
Productivity Growth ◽  
Middle Urals ◽  
Negative Consequences ◽  
Industrial Region ◽  
Labor Productivity Growth ◽  
Balanced Development ◽  
Mining Enterprise ◽  
Logical Modeling

The article critically examines the positive and negative consequences of labor productivity growth at mining enterprises in the conditions of the old industrial region. It is suggested that for enterprises of the middle Urals it is necessary to form a mining production development strategy based on the directions of the regional strategy, which is not always connected with labor productivity growth by increasing mining volumes. The article is aimed at studying the factors affecting the prospects of mining enterprises activity from the standpoint of choosing strategic alternatives to their development. The methods of analysis: logical analysis, structural analysis, logical modeling, literature analysis. Using the logical modeling method, the following hypothesis was verified: that mining enterprises strategic development features in the conditions of an old industrial region should consider the strategy of municipalities in which these enterprises are located. For such mining enterprises, the increase in productivity through increased production is not unequivocally positive. It is concluded that in order to ensure the activities coherence of regions and enterprises, it is necessary to ensure balanced development, which can be achieved through the application of a managed strategy attenuation of the mining enterprise.

scholarly journals The potential for labor productivity growth in the context of digital transformation

2020 ◽  
Vol 18 (4) ◽  
pp. 47-66
Author(s):  
Marina A. Borovskaya ◽  
Marina A. Masych ◽  
Tatyana V. Fedosova
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Digital Transformation ◽  
Labor Productivity Growth

Labor productivity growth factors

2021 ◽  
pp. 38-42
Author(s):  
Niazi Hamid
Keyword(s):  
Economic Development ◽  
Growth Factors ◽  
Labor Productivity ◽  
Productivity Growth ◽  
Industrial Enterprise ◽  
Labor Productivity Growth ◽  
Domestic Enterprise

The modern strategy of economic development of Russia, which is aimed at restructuring the economy, requires, first of all, the search for new and improvement of existing ways of increasing labor productivity at any domestic enterprise. That is why the issues of creating effective motives and incentives for increasing labor productivity as an important tool for the development of an industrial enterprise are relevant.

On the conditions of labor productivity growth in agriculture of the Sverdlovsk region

2020 ◽  
pp. 35-45
Author(s):  
E. Potaptseva ◽  
S. Smirnykh
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
High Performance ◽  
Agricultural Sector ◽  
Negative Impact ◽  
Federal State ◽  
Technical Equipment ◽  
Labor Costs ◽  
Labor Productivity Growth ◽  
City District

Agricultural production is one of the most labor-intensive in the world. In our country, at the same time with large labor costs, the agricultural sector is characterized by low wages. This state of affairs in the industry makes relevant research on the identification of factors of labor productivity growth. In addition, it is necessary to develop methods for creating high-performance jobs. The data of the Federal State Statistics Service and the Ministry of Agriculture of the Russian Federation formed the informational basis of this study. There were also used information officially distributed by the Ministry of Agriculture and Food of the Sverdlovsk region. The research is based on the results of the author's survey of managers and specialists of agricultural enterprises located in the Talitsky city district of the Sverdlovsk region. The study focuses on the study and analysis of the dynamics of the development of the agricultural sector in the region. In conclusion, the conclusions are formulated, and the main factors of labor productivity growth in agriculture of the Sverdlovsk region are identified. The results of the study showed that outdated technical equipment of production has a negative impact on the productivity of labor in the agricultural sector.

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