Russia in the World System of Labor Productivity
https://doi.org/10.26794/2220-6469-2019-13-3-14-28
Abstract
The article deals with the disposition of countries in the world system of labour productivity and the place of the Russian Federation in the current country hierarchy. It is noted that Russia is a typical representative of the semi-periphery (in the terminology of Wallerstein). Calculations show that in the period 1995–2005 the increase in labour productivity in Russia was 15% due to the factor of extensive growth in hours worked, i. e. due to the growth of labour exploitation. This process was reversed in the period 2006–2018 and ended in 2019 with the official proclamation by Prime Minister Dmitry Medvedev of the workweek reform in the direction of its reduction to four days. It opens an era of the socially oriented doctrine of productivity growth. However, the main problem of Russia is the slowed of technological progress and the slowdown in productivity growth. The analysis showed that the implementation of the target standards for labour productivity, indicated in the official regulations, will reduce the backlog of Russia from the core countries. Forecast calculations show that even under the most favourable circumstances, the country can become a full participant in the world market of advanced technologies only by 2038. Thus, we substantiated the thesis about the impossibility of rapid results in the implementation of Russia’s catch-up development strategy due to the extremely low level of its current technological base, which involves a strategy of step-by-step reforms of the process of technological re-equipment of the Russian economy.
Supporting agencies: The article is based on the results of studies carried out at the expense of budgetary funds on the state order of the Government of the Russian Federation to the financial University for 2019, on the topic: “Formation of a system of methodological and organizational support for increasing productivity”.
About the Authors
E. V. Balatsky
Financial University
Russian Federation
Russian Federation
Evgeny V. Balatsky — Doctor of Economics, Professor, Director of the Macroeconomic Research Center of the Department of Economic Theory
Moscow
N. A. Ekimova
Financial University
Russian Federation
Russian Federation
Natalia A. Ekimova — Ph.D. of Economics, Associate Professor, Leading Researcher of the Center for Macroeconomic Research
Moscow
References
1. Nikolaev I. A., Marchenko T. E. Labor productivity: tasks, features of calculation, comparison. Moscow: FBK Institute of Strategic Analysis; 2018. (In Russ.).
2. Utriainen V.-E. A comparative analysis of productivity and productivity factors in the EU and USA over the period 1995–2015. Finland: Aalto University; 2017. 58 p.
3. Buchele R., Christiansen J. Employment and Productivity Growth in Europe and North America: the Impact of Labour Market Institutions. International Review of Applied Economics. 1999;3(13):313–332. DOI: 10.1080/026921799101571
4. Palazuelos E., Fernandez R. Labor Productivity: A Comparative Analysis of the European Union and the United States, 1994–2007. New Political Economy. 2010;3(15):325–344. DOI: 10.1080/13563460903288239
5. McMillan M., Rodrik D., Verduzco-Gallo I. Globalization, Structural Change, and Productivity Growth, with an Update on Africa. World Development. 2014;(63):11–32. DOI: 10.1016/j.worlddev.2013.10.012
6. Sakamoto T. Four Worlds of Productivity Growth: A Comparative Analysis of Human Capital Investment Policy and Productivity Growth Outcomes. International Political Science Review. 2018;4(39):531–550. DOI: 10.1177/0192512116685413
7. Bakatin D., Duvieusart J.-P., Klintsov V., Krogmann K., Remes, J., Solzhenitsyn E., Shwachman I. Effective Russia: Performance as the foundation of growth. Moscow: McKinseyGlobalInstitute; 2009. 180 p. (In Russ.).
8. Bessonov V., Gimpelson V., Yasin E., Kuzminov Ya. [Productivity and factors of the long-term development of the Russian economy]. Materialy X Aprel’skoi mezhdunarodnoi nauchnoi konferentsii po problemam razvitiya ekonomiki i obshchestva. Kniga 1. [Proc. X International Academic Conference on Economic and Social Development]. Moscow: Publishing House of the Higher School of Economics; 2010:11–61. (In Russ.).
9. Kondrat’ev V., Kurenkov Y. Problems of Improving the Russian Economy Efficiency. Mirovaya ekonomika i mezhdunarodnye otnosheniya=World Economy and International Relations. 2008;(12):34–43. (In Russ.).
10. Lavrovskii B. L. Russian and World Trends in Productivity. Studies on Russian Economic Development. 2015:3(26):278–284. DOI: 10.1134/S1075700715030090
11. Petrov A. I. The Analysis of the Russian Federation Place on the World Card of Labour Productivity and Opportunities of Its Role Change in World Economy. Fundamental’nye issledovaniya. 2015;(12):177–180. (In Russ.).
12. Kapeliuk Z. A. Comparative Analysis of Labour Productivity in Russia and the World. Potrebitel’skaya kooperatsiya. 2018;1(60):59–63. (In Russ.).
13. Lenchuk E. B. Labour Productivity in Russia and the World. Impact on the Competitiveness of the Economy and Standard of Living. Analiticheskii Vestnik Soveta Federatsii Federal’nogo Sobraniya RF. 2016;29(628):15–22. (In Russ.).
14. Zaytsev A. International differences in labour productivity: Role of capital, technological level and resource rent. Voprosy Economiki. 2016;(9):67–93. (In Russ.).
15. Chernopyatov A. M. On the issue of labour productivity in the Russian Federation. Ekonomika: vchera, segodnya, zavtra. 2018;12A(7):131–144. (In Russ.).
16. Kireev V. E. Productivity, Profitability and Intensity of Labor: Russian and the OECD. Vestnik UrFU. Seriya ekonomika i upravlenie. 2017:2(16):308–326. (In Russ.). DOI: 10.15826/vestnik.2017.16.2.016
17. Fedchenko A. Methodological Approaches to Studying of Labor Productivity. Ekonomika truda. 2016;1(3):41–62. (In Russ.). DOI: 10.18334/et.3.1.35153
18. Smirnova E. A., Tarasova E. A., Postnova M. V. Productivity measurement methodological aspects. Ekonomika truda. 2018;4(5):1263–1276. (In Russ.). DOI: 10.18334/et.5.4.39640
19. Wallerstein I. World-System Analysis: An Introduction. Moscow: Izdatel’skii dom «Territoriya budushchego»; 2006. 248 p. (In Russ.).
20. Balatsky E. V. Global Challenges of the Fourth Industrial Revolution. Terra Economicus. 2019;2(17):6–22. (In Russ.). DOI: 10.23683/2073–6606–2019–17–2–6–22
Review
For citations:
Balatsky E.V., Ekimova N.A. Russia in the World System of Labor Productivity. The world of new economy. 2019;13(3):14-28. (In Russ.) https://doi.org/10.26794/2220-6469-2019-13-3-14-28
Views:
1087
Email this article 