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Estimating Total Labor Input for Supporting Informed Economic Policy Decisions

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  • E. A. Edinak

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— The article provides the methodology for assessing the total labor input in the economy on the basis of a symmetric input–output table. The main directions of its use in modern economics are outlined taking into account the surveyed world experience. The study presents an analysis of estimates of total labor costs in the Russian economy calculated industry-by-industry.

Suggested Citation

  • E. A. Edinak, 2020. "Estimating Total Labor Input for Supporting Informed Economic Policy Decisions," Studies on Russian Economic Development, Springer, vol. 31(6), pages 655-662, November.
  • Handle: RePEc:spr:sorede:v:31:y:2020:i:6:d:10.1134_s1075700720060040
    DOI: 10.1134/S1075700720060040
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    References listed on IDEAS

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    1. Marcel P. Timmer & Bart Los & Robert Stehrer & Gaaitzen J. de Vries, 2013. "Fragmentation, incomes and jobs: an analysis of European competitiveness [Who captures value in global supply chains?]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 28(76), pages 613-661.
    2. A. A. Shirov, 2018. "Use of Input–Output Approach for Supporting Decisions in the Field of Economic Policy," Studies on Russian Economic Development, Springer, vol. 29(6), pages 588-597, November.
    3. Neil Lee & Stephen Clarke, 2017. "Who gains from high-tech growth? High-technology multipliers, employment and wages in Britain," SPRU Working Paper Series 2017-14, SPRU - Science Policy Research Unit, University of Sussex Business School.
    4. M. Yu. Ksenofontov & A. A. Shirov & D. A. Polzikov & A. A. Yantovskii, 2018. "Assessing Multiplier Effects in the Russian Economy: Input-Output Approach," Studies on Russian Economic Development, Springer, vol. 29(2), pages 109-115, March.
    5. Margherita Gerolimetto & Stefano Magrini, 2016. "A spatial analysis of employment multipliers in the US," Letters in Spatial and Resource Sciences, Springer, vol. 9(3), pages 277-285, October.
    6. Montt, Guillermo E. & Maître, Nicolas. & Amo-Agyei, Silas., 2018. "The transition in play worldwide employment trends in the electricity sector," ILO Working Papers 994987492402676, International Labour Organization.
    7. repec:dgr:rugggd:gd-130 is not listed on IDEAS
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    Cited by:

    1. E. A. Edinak, 2021. "Estimation of Total Labor Costs in the Russian Economy Taking Into Account the Qualification Level of Employees," Studies on Russian Economic Development, Springer, vol. 32(1), pages 59-67, January.

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