Methodological issues of modeling of the efficiency of labo in the Russian defense industry enterprises
Abstract
The article highlights main factors affecting productivity of enterprises in the defense industry.With the elimination of a number of factors, we determined functional dependence form betweenthe change in productivity (at the company level in comparison to the industry average) and relativewages (at the company level in comparison to the industry average taking into account regional factor). It is shown that dependence is of exponential character and is marked by inelasticity of productivitywith respect to wages. This means that the growth of employees’ wages in comparison to averagelevels for the industry to which the enterprise belongs, as well as average levels for the federalsubject in which the enterprise is located, leads to workforce productivity increase, however, therate of increase slows down with further wage growth. Levels of wage growth (in relation to industryaverages adjusted for regional factor) maximizing enterprises’ target values are determined withspecific features of such enterprises (manufacturing of both military and civilian products) takeninto account.
About the Authors
A. V. Sokolov
Institute of Economics and Industrial Engineering SB RAS, Novosibirsk
Novosibirsk State University, Novosibirsk
Russian Federation
Russian Federation
A. O. Rimskaya
Novosibirsk State University, Novosibirsk
Vysoká Škola Finanční a Správní, Praha
Russian Federation
Russian Federation
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Review
For citations:
Sokolov A.V., Rimskaya A.O. Methodological issues of modeling of the efficiency of labo in the Russian defense industry enterprises. World of Economics and Management. 2016;16(4):48–66. (In Russ.)
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