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Employment and Labor Productivity in Russia: Analysis and Forecasts

Author

Listed:
  • E. S. Uzyakova

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • A. A. Shirov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

The article analyzes the main characteristics of employment in Russia, considers the peculiarities of their development. The dynamics of labor productivity and the structure of the employed population are analyzed in the sectoral context and taking into account international comparisons. The forecast of sectoral dynamics in labor productivity is evaluated depending on the speed and quality of economic growth. Here, the quality of economic growth is associated with the level and dynamics of technological development. The paper considers scenarios for medium-term development of the Russian economy and the forecasts of sectoral productivity for primary resources (as an indicator of technological changes in industries) and labor productivity achieved on their basis. The transition to forecast estimates of the number of employees was made taking into account the prospects for the country’s demographic development.

Suggested Citation

  • E. S. Uzyakova & A. A. Shirov, 2024. "Employment and Labor Productivity in Russia: Analysis and Forecasts," Studies on Russian Economic Development, Springer, vol. 35(4), pages 467-478, August.
    • Handle: RePEc:spr:sorede:v:35:y:2024:i:4:d:10.1134_s1075700724700011
    DOI: 10.1134/S1075700724700011
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    References listed on IDEAS

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    1. de Vries, Gaaitzen J. & Erumban, Abdul A. & Timmer, Marcel P. & Voskoboynikov, Ilya & Wu, Harry X., 2012. "Deconstructing the BRICs: Structural transformation and aggregate productivity growth," Journal of Comparative Economics, Elsevier, vol. 40(2), pages 211-227.
    2. Kevin J. Stiroh, 2002. "Information Technology and the U.S. Productivity Revival: What Do the Industry Data Say?," American Economic Review, American Economic Association, vol. 92(5), pages 1559-1576, December.
    3. M. Yu. Ksenofontov & D. A. Polzikov, 2018. "Retrospective Structural Shifts in the Russian Economy," Studies on Russian Economic Development, Springer, vol. 29(6), pages 625-636, November.
    4. Leanne Roncolato & David Kucera, 2014. "Structural drivers of productivity and employment growth: a decomposition analysis for 81 countries," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 38(2), pages 399-424.
    5. I. D. Masakova, 2019. "The Russian Practice of Compiling Input-Output Tables: Problems and Prospects of Development," Studies on Russian Economic Development, Springer, vol. 30(2), pages 119-128, March.
    Full references (including those not matched with items on IDEAS)

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