Opportunities for Growth in Labor Productivity and Output in the EAEU Countries

M. N. Uzyakov () and E. S. Uzyakova
Additional contact information
M. N. Uzyakov: Institute of Economic Forecasting, Russian Academy of Sciences
E. S. Uzyakova: Institute of Economic Forecasting, Russian Academy of Sciences

Studies on Russian Economic Development, 2025, vol. 36, issue 1, 10-20

Abstract: Abstract The events taking place in the world require a significant restructuring of the economic system, the formation of closer socio-economic interactions with Russia’s partners, primarily within the framework of Eurasian associations. The development and deepening of integration ties can contribute to the growth of the economies of allied countries and the expansion of national labor markets, which is especially important in the context of increasing restrictions on the part of labor resources in individual countries. The article examines the main characteristics of the labor markets of the countries of the Eurasian Economic Union (EAEU), highlighting common features and differences. Based on the methodology developed by the authors (using correlation and regression analysis methods), the growth of labor productivity in the long term is assessed for each country of the Union. In accordance with demographic forecast calculations, an assessment is given of the growth in the number of employed people in national labor markets, as well as the possibility of increasing labor migration. As a result of the comparison of the obtained forecast estimates, the possibilities for economic growth of the allied countries are determined.

Keywords: labor productivity; aggregated groups of factors of labor productivity growth; basic structure of contributions of aggregated factors of labor productivity growth; integral structural characteristics of labor productivity growth; economic development scenarios; investments; wages; potential for output growth; Eurasian Economic Union (search for similar items in EconPapers)
Date: 2025
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1134/S1075700724700485 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sorede:v:36:y:2025:i:1:d:10.1134_s1075700724700485

Ordering information: This journal article can be ordered from
https://www.springer ... nomics/journal/11507

DOI: 10.1134/S1075700724700485

Access Statistics for this article

Studies on Russian Economic Development is currently edited by Viktor V. Ivanter, Dmitrii B. Kuvalin and Galina A. Yaremenko

More articles in Studies on Russian Economic Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().