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The experience of increasing labor productivity in the Arctic nations

Author

Listed:
  • K. Kikkas

    (Information Center of SPbPU in Madrid)

  • E. Chagina

    (Moscow Polytechnic University)

  • I. Garbuzyuk

    (Moscow Polytechnic University)

  • J. L. Mazzaccaro

    (Politecnico di Torino)

Abstract

In the modern world, economic development is based on the growth of labor productivity, which is characterized by the ratio of results and labor costs. It is also the most important indicator of the effectiveness of any socially useful activity. The rate of development of industrial production, increase in wages and the amount of reduction in the cost of production depend on the level of labor productivity. Increasing labor productivity is a priority area of economic development for many countries. This case is relevant not only for Russia, but also for the entire world community, since labor productivity, more than any other factor, determines the level and quality of life and is the best indicator of the economic efficiency in a long-term perspective.

Suggested Citation

  • K. Kikkas & E. Chagina & I. Garbuzyuk & J. L. Mazzaccaro, 2020. "The experience of increasing labor productivity in the Arctic nations," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 11(1), pages 69-75, May.
    • Handle: RePEc:spr:ijsaem:v:11:y:2020:i:1:d:10.1007_s13198-019-00823-8
    DOI: 10.1007/s13198-019-00823-8
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    References listed on IDEAS

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    1. G. F. Romashkina & N. I. Didenko & D. F. Skripnuk, 2017. "Socioeconomic modernization of Russia and its Arctic regions," Studies on Russian Economic Development, Springer, vol. 28(1), pages 22-30, January.
    2. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:195-207 is not listed on IDEAS
    3. A.E. Skhvediani & T.Y. Kudryavtseva, 2018. "The Socioeconomic Development of Russia: Some Historical Aspects," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 195-207.
    4. repec:srs:journl:jarle:v:8:y:2017:i:6:p:1908-1915 is not listed on IDEAS
    5. Elena SHARAFANOVA & Yelena FEDOSENKO & Angi SKHVEDIANI, 2017. "Regional Labor Market Forecasting the Economic Effect of Cooperation between Universities and Entrepreneurs," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 8(6), pages 1908-1915.
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    Cited by:

    1. Sanhua Sheng & Hua Li & Weijun He & Thomas Stephen Ramsey & Liang Yuan, 2023. "The effect of property rights and staff structure on the labor productivity, evidence of university spin-offs in Hubei Province, China," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 14(5), pages 1855-1865, October.

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