Management of Wage-To-Labor Productivity Correlation as a Factor of Samara Region Economic Development

The paper considers the problems in management of the wage-to-labor productivity correlation as the most important element in the strategic development of Samara region economy. The rational correlation between labor productivity and wages growth affects production cost reduction, and increases prof...

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Main Authors: Bogatyreva I.V., Kozhukhova N.V., Acopyan D.A.
Format: Article
Language:English
Published: EDP Sciences 2019-01-01
Series:SHS Web of Conferences
Subjects:
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2019/12/shsconf_eurasia2019_04006.pdf
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author Bogatyreva I.V.
Kozhukhova N.V.
Acopyan D.A.
author_facet Bogatyreva I.V.
Kozhukhova N.V.
Acopyan D.A.
author_sort Bogatyreva I.V.
collection DOAJ
description The paper considers the problems in management of the wage-to-labor productivity correlation as the most important element in the strategic development of Samara region economy. The rational correlation between labor productivity and wages growth affects production cost reduction, and increases profitability and production efficiency. This explains the relevance of the study on the wage-to-labor productivity correlation in the digital economy. The authors present the results of the research on the dynamics of labor productivity and wages in Samara region in 2010 – 2017. They calculated the correlation figures of average wages growth in Samara region economy, described the model and developed the mechanism to manage the wage-to-labor productivity correlation.
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spelling doaj.art-224aff7c065746a1bd7b4153d9bd65732022-12-21T22:47:24ZengEDP SciencesSHS Web of Conferences2261-24242019-01-01710400610.1051/shsconf/20197104006shsconf_eurasia2019_04006Management of Wage-To-Labor Productivity Correlation as a Factor of Samara Region Economic DevelopmentBogatyreva I.V.0Kozhukhova N.V.1Acopyan D.A.2Samara State University of EconomicsSamara State University of EconomicsSamara State University of EconomicsThe paper considers the problems in management of the wage-to-labor productivity correlation as the most important element in the strategic development of Samara region economy. The rational correlation between labor productivity and wages growth affects production cost reduction, and increases profitability and production efficiency. This explains the relevance of the study on the wage-to-labor productivity correlation in the digital economy. The authors present the results of the research on the dynamics of labor productivity and wages in Samara region in 2010 – 2017. They calculated the correlation figures of average wages growth in Samara region economy, described the model and developed the mechanism to manage the wage-to-labor productivity correlation.https://www.shs-conferences.org/articles/shsconf/pdf/2019/12/shsconf_eurasia2019_04006.pdflabor productivityown-product real wagewageslead factor of wages
spellingShingle Bogatyreva I.V.
Kozhukhova N.V.
Acopyan D.A.
Management of Wage-To-Labor Productivity Correlation as a Factor of Samara Region Economic Development
SHS Web of Conferences
labor productivity
own-product real wage
wages
lead factor of wages
title Management of Wage-To-Labor Productivity Correlation as a Factor of Samara Region Economic Development
title_full Management of Wage-To-Labor Productivity Correlation as a Factor of Samara Region Economic Development
title_fullStr Management of Wage-To-Labor Productivity Correlation as a Factor of Samara Region Economic Development
title_full_unstemmed Management of Wage-To-Labor Productivity Correlation as a Factor of Samara Region Economic Development
title_short Management of Wage-To-Labor Productivity Correlation as a Factor of Samara Region Economic Development
title_sort management of wage to labor productivity correlation as a factor of samara region economic development
topic labor productivity
own-product real wage
wages
lead factor of wages
url https://www.shs-conferences.org/articles/shsconf/pdf/2019/12/shsconf_eurasia2019_04006.pdf
work_keys_str_mv AT bogatyrevaiv managementofwagetolaborproductivitycorrelationasafactorofsamararegioneconomicdevelopment
AT kozhukhovanv managementofwagetolaborproductivitycorrelationasafactorofsamararegioneconomicdevelopment
AT acopyanda managementofwagetolaborproductivitycorrelationasafactorofsamararegioneconomicdevelopment