Estimating Total Labor Input for Supporting Informed Economic Policy Decisions

E. A. Edinak ()
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E. A. Edinak: Institute of Economic Forecasting, Russian Academy of Sciences

Studies on Russian Economic Development, 2020, vol. 31, issue 6, 655-662

Abstract: Abstract— The article provides the methodology for assessing the total labor input in the economy on the basis of a symmetric input–output table. The main directions of its use in modern economics are outlined taking into account the surveyed world experience. The study presents an analysis of estimates of total labor costs in the Russian economy calculated industry-by-industry.

Keywords: total labor input; labor market; demand for labor; input–output balance; input–output tables; employment multipliers; forecasting (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1134/S1075700720060040

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