Year: 2002
Type: preprint
Abstract: Theoretical and empirical analysis of the regional labor market differences and the factor making them exist enabled to assess the structural imbalance in the Russia’s transition economy. By making cluster and discriminant analyses, the authors provide alternative classifications of the regions and estimate the impact of specific regional factors such as structure of industry employment and economic policy on regional level on the labor markets performance. The transition Russian economy gave birth to a regionally segmented labor market model with the inefficient structure of industry employment. In the suggested theoretical model the regions, first, have different starting conditions for the labor market and, second, pursue their economic policies in a different way. Economic policies on the regional level include privatization and promotion of private ownership, small and medium sized firms, local infrastructures and investments in human capital. The industrial structure is being formed over a long period of time and depends on the state strategy of placement of production around the territory of the country. Institutional structure of employment much depends on the economic policy of the region and on the rate of development
Authors: Tatiana Blinova, Victor Rusanovsky
Language: English
Topic: Labor Market and Education
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1524903014