Assessing the Impact of Regional Budget Expenditures on Average Wages
How to Cite
Zhuravlyov D.M. Assessing the Impact of Regional Budget Expenditures on Average Wages. Living Standards of the Population in the Regions of Russia. 2020. Vol. 16. No. 1. P. 61-69. DOI: https://doi.org/10.19181/lsprr.2020.16.1.6 (in Russ.).
Abstract
The author discusses the development of an economic-mathematical model for assessing the impact of regional budget expenditures on the average wage for solving the problems of analyzing macroeconomic indicators and forming strategic planning tools for the development of the regional socioeconomic system.The Object of the Study - expenses of the regional budget of the constituent entity of the Rossiyskaya Federatsiya, aimed at developing and maintaining the infrastructure contributing to the provision of comfortable working conditions for citizens.The Subject of the Study - methods of economic and mathematical modelling, processes of formation of the average wage.The Purpose of the Study. Development of an economic and mathematical model for assessing the impact of regional budget expenditures on the average wage level for quantitative and qualitative assessment of the effectiveness of the totality of measures arising in the process of its implementation.The Main Provisions of the Article. The labour market is the basis of a market economy and indicator, the importance of which makes it possible to draw conclusions both about the state of the economy as a whole and about the success of the reforms and transformations, in particular. His condition directly affects the performance indicators of the socio-economic system of the region: productivity, profitability, growth, etc. Research and identification of factors that have a significant impact on the processes of formation and functioning of the labor market is of not only theoretical, but practical interest. The following tasks have been solved: the economic and mathematical models are formalized; the layout of the indices characterizing the object of study; the corresponding mathematical apparatus is selected; software application developed; the proof of model performance is performed. As a methodological apparatus, methods of regression and correlation analysis were used. As a result, an economic-mathematical model of the category «labour market efficiency» was obtained, the functionality of which is sufficient to substantiate causal relationships between indicators that determine the nature of its functioning. Using the obtained results in practice, it is possible to reasonably form a system of priority long-term guidelines for the development of the socio-economic system of the region, drawn up in the form of relevant program documents. The developed software can be used as a module of a decision support system in the formation and development of a strategy for the region’s accelerated development.
Keywords:
budget expenditures, data analysis, development management, labor productivity, modeling of economic processes, regional economy, a socioeconomic system, wages
References
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Aleksandrova, OA. Raskhody byudzheta kak pokazatel' real'nogo vektora sotsial'noi politiki // V sbornike: Dokhody, raskhody i sberezheniya naseleniya Rossii: tendentsii i perspektivy Sbornik materialov IV Mezhdunarodnoi nauchno-prakticheskoi konferentsii. Pod redaktsiei A.V. Yarashevoi. - 2019. - S. 12-14.
Aranzhin, VV. Vzaimosvyaz' zarabotnoi platy i proizvoditel'nosti truda: tendentsii v usloviyakh tsifrovizatsii ekonomiki // Ekonomika truda. - 2019. - T. 6. - № 1. - S. 523-534. DOI: 10.18334/et.6.1.39938.
Belekhova, GV, Rossoshanskii, AI, Chekmareva, EA. Vozmozhnosti povysheniya urovnya zhizni naseleniya za schet rosta zarabotnoi platy // Voprosy territorial'nogo razvitiya. - 2015. - № 8 (28). - S. 3. – URL: http://vtr.vscc.ac.ru/article/1632.
Glaz'ev, SYu. Prioritety operezhayushchego razvitiya Rossiiskoi ekonomiki v usloviyakh smeny tekhnologicheskikh ukladov // Ekonomicheskoe vozrozhdenie Rossii. - 2019. - № 2 (60). - S. 12-16.
Korovkin, AG, Kuznetsov, SG, Korolev, IB. O sozdanii vysokoproizvoditel'nykh rabochikh mest i povyshenii proizvoditel'nosti truda // Sluzhba zanyatosti. - 2018. - № 4. - S. 56-61.
Medvedev, DA. Rossiya-2024: Strategiya sotsial'no-ekonomicheskogo razvitiya // Voprosy ekonomiki. - 2018. - № 10. - S. 5-28. DOI: 10.32609/0042-8736-2018-10-5-28.
Men'shchikova, VI, Merkulova, EYu, Spiridonov, SP, Yukhachev, SP. Povyshenie urovnya i kachestva zhizni naseleniya – general'naya tsel' novoi strategii regional'nogo razvitiya // Voprosy sovremennoi nauki i praktiki. Universitet im. V.I. Vernadskogo. - 2018. - № 4 (70). - S. 61-69. DOI: 10.21686/2500-3925-2019-2-34-44.
Merkulova, EYu. Vliyanie proizvoditel'nosti truda na ekonomicheskii rost // Ekonomicheskaya statistika. - 2019. -T. 16. - № 2. - S. 34-44. DOI: 10.21686/2500-3925-2019-2-34-44.
Mirgorod, EE., Arkhipova, LS. Osnovnye aspekty makroekonomicheskogo regulirovaniya zarabotnoi platy kak indikatora ustoichivosti ekonomiki Rossii // Nauchnye issledovaniya i razrabotki. Ekonomika. - 2017. - T. 5. - № 4. - S. 31-39. DOI: 10.12737/article_59816b94e59460.46423677.
Natsional'nyi issledovatel'skii universitet «Vysshaya shkola ekonomiki». Statisticheskie sborniki VShE [Electronic resource]. URL: https://www.hse.ru/primarydata/ii (data of visit: 14.12.2019).
Ofitsial'nyi sait Federal'noi sluzhby gosudarstvennoi statistiki. Metodologicheskie rekomendatsii [Electronic resource]. URL: https://www.gks.ru/bgd/free/B99_10/IssWWW.exe/Stg/d040/6-1-3.htm (data of visit: 26.11.2019).
Ofitsial'nyi sait Federal'noi sluzhby gosudarstvennoi statistiki. Statistika [Electronic resource]. URL: https://www.gks.ru/statistic (data of visit: 20.09.2019).
Pyat' shagov k 25% Minekonomrazvitiya podgotovilo plan po uvelicheniyu investitsii [Electronic resource]. URL: https://www.rbc.ru/newspaper/2018/06/28/5b33a4329a794717337a964f (data of visit: 27.11.2019).
Untura, GA. Otsenka vliyaniya chelovecheskogo kapitala na ekonomicheskii rost Rossiiskikh regionov v usloviyakh finansovykh ogranichenii // Prostranstvennaya ekonomika. - 2019. - T. 15. - № 1. - S. 107-131. DOI: 10.14530/se.2019.1.107-131.
Yudina, MA. Sotsial'nye perspektivy proekta tsifrovaya ekonomika Rossiiskoi Federatsii 2017-2030 // Uroven' zhizni naseleniya regionov Rossii. - 2018. - № 1 (207). - S. 60-65. DOI: 10.24411/1999-9836-2018-10007.
Cook, R.D., Weisberg, S. Residuals and Influence in Regression. New York: Chapman and Hall, 1982. 230 p.
Goulas, E., Zervoyianni, A. Active labour-market policies and output growth: Is there a causal relationship? Economic Modelling. 2018. no. 73. pp. 1-14. DOI: 10.1016/j.econmod.2017.11.019.
Gujarati, D.N. Basic Econometrics. The McGraw-Hill Companies, 2004. 1002 p.
Izabela Ostoj L. Labor market efficiency as one of the pillars of the global competitiveness of an economy - conclusions for the labor market regimes of the EU countries. Journal of Economics and Management. 2015. Vol. 20(2). pp. 80-92.
Sahnoun, M., Abdennadher, C. The Efficiency of Active Labor Market Policies: A Comparative Analysis of Tunisia and OECD Countries’. International Economic Journal. 2018. Vol. 32. no. 4. pp. 589-609. DOI: 10.1080/10168737.2018.1548633.
The Global Competitiveness Report 2017-2018. URL: http://www3.weforum.org/docs/GCR2017-2018/05FullReport/TheGlobalCompetitivenessReport2017%E2%80%932018.pdf (data of visit: 10.09.2019).
Article
Received: 13.02.2020
Accepted: 27.03.2020
Citation Formats
Other cite formats:
APA
Zhuravlyov, D. M. (2020). Assessing the Impact of Regional Budget Expenditures on Average Wages. Living Standards of the Population in the Regions of Russia, 16(1), 61-69. https://doi.org/10.19181/lsprr.2020.16.1.6
Section
ECONOMIC RESEARCH
