Projection of regional demand for labour force under the terms of industry modernization

Igor Bayev (), Viktoriya Boos (), Elena Vaisman (), Ivan Glazkov () and Yelena Sukhikh ()
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Elena Vaisman: South Ural state University, High School Of Economics and Management

Economy of region, 2011, vol. 1, issue 2, 196 - 203

Abstract: The article represents the results of research devoted to the problem of demand for labour force projection. The two main priorities of Russian economic development — modernization and innovation — are declared as the factors influencing labour market in a rather intrinsic and specific way. The research of dependence between GDP growth rate per occupied in the most developed countries is conducted and shows the positive influence the innovation process imposes on the demand for labour force. The particular problem is proved to be semi-structured. The selforganisation approach to this problem is proposed and helps to detect that the main shaping process of labour market dynamics is industry modernization. The trend of modernization influence on demand for labour force is revealed and taken under consideration while developing the mathematical model, enabling to predict the demand for labour force with not more than 2% mean absolute percentage error.

Keywords: demand for labour force; projection; modernization; innovation; semistructured problem; self-organisation approach to projection (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ura:ecregj:v:1:y:2011:i:2:p:196-203

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