Industrial Sector Feels Fine About Its Labor Productivity

Monitoring Russia's Economic Outlook. Moscow. IEP. 2017, No. 17, pp. 12-13

2 Pages Posted: 23 Oct 2017

See all articles by Sergey Tsukhlo

Sergey Tsukhlo

Gaidar Institute for Economic Policy

Date Written: October 23, 2017

Abstract

The issue of labor productivity has constantly been debated among analysts and government officials. The common understanding here is that labor productivity is low and needs to be ramped up. According to our business survey, the level of satisfaction with labor productivity reached its peak in 2017. Only 8% of enterprises in Q3 2017 recognized low labor productivity as a headwind to output growth. Furthermore, the industrial sector is not yet prepared to enhance labor productivity to address the issue of personnel shortage.

Keywords: Russian Industry, Labor Productivity

JEL Classification: C53, E37, L21, L52

Suggested Citation

Tsukhlo, Sergey, Industrial Sector Feels Fine About Its Labor Productivity (October 23, 2017). Monitoring Russia's Economic Outlook. Moscow. IEP. 2017, No. 17, pp. 12-13, Available at SSRN: https://ssrn.com/abstract=3057253

Sergey Tsukhlo (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
5
Abstract Views
100
PlumX Metrics