Work

Factor Analysis of the Productivity of Economic Systems

Year: 2025

Type: article

Abstract: The article contains the work on identifying and analyzing the factors influencing the productivity of the economic system. The study found that productivity estimates based on the gross domestic product indicator calculated at purchasing power parity and in nominal terms differ significantly. The factors that have the greatest impact on the productivity of the system are identified, including the prevailing form of ownership, output structure, and quality of infrastructure. It is concluded that a comparison of labor productivity indicators in different countries and regions does not provide an objective assessment of the state of the economic system.

Source: Scientific Research and Development Economics of the Firm

DOI: 10.12737/2306-627x-2025-14-3-100-105

Authors: Andrey Garnov, A. Shpak

Institutions: Plekhanov Russian University of Economics, MIREA - Russian Technological University

Language: English

Topic: Economic Growth and Productivity

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: bronze

OpenAlex ID: W7083688413

FWCI:

Cites: 5

Cited by:

Related to: