Tula, Tula, Russian Federation
employee
Tula, Tula, Russian Federation
On the basis of models of production functions with an explanation level of 80-90%, built using cross-sectional data for the regions of the country, partial values of the coefficients of elasticity of labor productivity by production factors were obtained. Partial (regional) values of the coefficients of elasticity of labor productivity are calculated using the particular regression equations of models of production functions. The factors included the capital-labor ratio, wages, the price index of industrial goods, the coefficient of funds (an indicator of income inequality), the share of exports in the gross regional product. The regions are identified in which these factors have the maximum and minimum impact on labor productivity.
productivity, regions, elasticity, capital ratio, wages, industrial goods price index, income inequality, export
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