Factors of Economic Behavior of Population in Regional Labor Market

Elena Irekovna Beglova, Svetlana Irekovna Nasyrova and Azat Vazirovich Yangirov

European Research Studies Journal, 2017, vol. XX, issue 4B, 167-182

Abstract: The article is devoted to research into one branch of behavioral economics - peculiarities of economic decision-making by population in the labor market in the context of the Russian regions. Interregional and intraregional migration has been identified as one of the most significant consequences of economic decisions taken by the population. Migration, in turn, is as an important factor in regional economic development resulting in a redistribution of the labor force and affecting regional and local labor markets. It has been assumed that the desire to improve their material well-being forces economically active people to move to more economically developed territories, which allowed the authors to build a methodology for studying the economic behavior of the population, based on an assessment of regional disparities and account of the features of regional labor market. Within the framework of the methodology, the authors have proposed several socio-economic indicators which are based on statistical, analytical and comparative methods and can be used to reveal socio-economic stratification of population in regional aspect. It has been found out that the pattern of economic behavior of labor force in regional markets is determined by differences in the structure of consumer spending in regional context. As a result, the research methodology has enabled the authors to build the typology of the Russian Federation regions rating them according to their attractiveness for employable population.

Keywords: cash income of population; inequality; labor market; region; Russia. JEL Classification: O10; J01; J31. (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xx:y:2017:i:3b:p:167-182

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