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Projection of regional demand for labour force under the terms of industry modernization

Author

Listed:
  • Igor Bayev
  • Viktoriya Boos
  • Elena Vaisman

    (South Ural state University, High School Of Economics and Management)

  • Ivan Glazkov
  • Yelena Sukhikh

Abstract

The article represents the results of research devoted to the problem of demand for labour force projection. The two main priorities of Russian economic development — modernization and innovation — are declared as the factors influencing labour market in a rather intrinsic and specific way. The research of dependence between GDP growth rate per occupied in the most developed countries is conducted and shows the positive influence the innovation process imposes on the demand for labour force. The particular problem is proved to be semi-structured. The selforganisation approach to this problem is proposed and helps to detect that the main shaping process of labour market dynamics is industry modernization. The trend of modernization influence on demand for labour force is revealed and taken under consideration while developing the mathematical model, enabling to predict the demand for labour force with not more than 2% mean absolute percentage error.

Suggested Citation

  • Igor Bayev & Viktoriya Boos & Elena Vaisman & Ivan Glazkov & Yelena Sukhikh, 2011. "Projection of regional demand for labour force under the terms of industry modernization," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 196-203.
    • Handle: RePEc:ura:ecregj:v:1:y:2011:i:2:p:196-203
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