Author:

Ruslan A. Dolzhenko, Ural State University of Economics, Ekaterinburg, Russia

Svetlana B. Dolzhenko, Ural State University of Economics, Ekaterinburg, Russia

Aleksandr V. Nazarov, Ural State University of Economics, Ekaterinburg, Russia

Abstract:

One key indicator in economic development is labour productivity that is affected by an extensive array of factors. Against the background of rising external constraints, the importance of this indicator for Russia’s economic development goes up, which confirms the need for providing its comprehensive assessment for the period of the country’s transition to the market economy. The study reviews the literature on quantitative and qualitative evaluation of the labour productivity in Russia. Methodologically, the review relies on the factor approach, conceptual bases and organisational principles of assessing and forecasting labour productivity. The methods are systematisation, generalisation, synthesis, content analysis, dynamics and comparative analysis. The evidence is the data of the Federal State Statistics Service of Russia, the Institute of Economic Forecasting of the RAS, the Ministry of Labour and Social Protection and Ministry of Economic Development of the Russian Federation, the Center for Macroeconomic Analysis and Short-Term Forecasting, as well as scientific publications for 1993–2024. The variability of the measurement methods required the consolidation of the existing estimates of the labour productivity dynamics. The results testify to the labour productivity growth, yet the contribution of small and medium-sized businesses is insignificant in contrast to the large ones, which is due to the structural and sectoral specifics of the national economy. Investments in technologies and human capital (health and education) hold the greatest potential for raising the labour productivity. The impact of the specialised national project implemented in 2019–2024 on the growth of the indicator under consideration remains questionable. The findings help understand the complexity and the multifaceted nature of the model for labour productivity promotion and allow justifying the choice of the priority areas for ensuring its growth in the context of the strategic goals of Russia’s economic development.

Keywords: labour productivity; labour costs; wages; human capital; technical reequipment; efficiency of economy; monitoring.

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For citation: Dolzhenko R. A., Dolzhenko S. B., Nazarov A. V. (2025). Labour productivity in Russia: Factors of growth. Journal of New Economy, vol. 26, no. 4, pp. 69–93. DOI: 10.29141/2658-5081-2025-26-4-4. EDN: JWLWWH.