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Dynamics Of Labour Productivity In Regions Of Russia

Table 1: The results of modeling the labour productivity index in the RF regions in 2010–2018

Factors Coefficient values
Model 1 Model 2
Constant (logarithm А) 5.397*** 5.226***
Logarithm of industrial production index 0.148*** 0.151***
Logarithm of real salary 0.069 0.095**
Logarithm of investments physical volume into the basic capital 0.051*** 0.048***
Logarithm of the share of added value for hi-tech and knowledge-intensive industries in to the GRP at the previous period of time 0.040** 0.032**
Logarithm of changes in the number of unemployed at the age of 15–72 years -0.007 -0.019**
Logarithm of changes in the annual number of the employed -0.482*** -0.428***
Logarithm of export changes 0.006** ×
Logarithm of changes in the number of highly productive working places 0.037* ×
Logarithm of changes in the share of internal spending on the research and innovations into the GRP at the previous period of time 0.007 ×
Logarithm of employees at the age of 15–72 years with high education -0.016 ×
Logarithm of employees at the age of 15–72 with the vocational education for specialists with middle ranking -0.010 ×
Logarithm of employees at the age of 15–72 with the vocational education for qualified workers and office workers -0.005 ×
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