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Theoretical and Applied Economics
Reference:
Chernysheva T.K., Ilyanov D.S. —
Comparative analysis of labor productivity in Russia and China
// Theoretical and Applied Economics.
– 2019. – № 4.
– P. 78 - 89.
DOI: 10.25136/2409-8647.2019.4.31076 URL: https://en.nbpublish.com/library_read_article.php?id=31076
Comparative analysis of labor productivity in Russia and China
Chernysheva Tataina Konstantinovna
Laboratory Researcher, Center of Regional Economy and Inter-Budget Relations
125993, Russia, g. Moscow, ul. Leningradskii Prospekt, 49
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TKChernysheva@fa.ru
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Ilyanov Dmitrii Sergeevich
Laboratory Researcher, Center of Regional Economy and Inter-Budget Relations
125993, Russia, g. Moscow, ul. Leningradskii Prospekt, 49
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DSIlyanov@fa.ru
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DOI: 10.25136/2409-8647.2019.4.31076
Review date:
17-10-2019
Publish date:
06-01-2020
Abstract. The main goal of this research consists in the comparison of two approaches toward increasing labor productivity in the Russian Federation and China. The authors assess the currents state of labor productivity in both countries, as well as the mechanism of its improvement. The significance of growth of labor productivity as an instrument for increasing the country’s gross domestic product (GDP) is emphasized. The existing problems and new key trends in the area of increasing labor productivity in Russia are highlighted. The authors conduct a comparative analysis of Decree of the President of the Russian Federation of 05.07.2018 No.204 and “May Decrees” of 2012 with regards labor productivity and economic growth; as well as of the existing economic systems management for determining the optimal growth points in the area of labor productivity. The conclusion is made that labor productivity in the Russian Federation should be viewed as one of the key factors for restoring the lost potential, and its increase may be ensured exclusively by comprehensive interaction of all participants of economic relations.
Keywords:
growth points, economic relations, economic development, drivers of economic development, gross domestic product, China, Russian Federation, comparative analysis, economic modernization, labor productivity
This article written in Russian. You can find full text of article in Russian
here
.
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