Home  Journals  Economic Analysis: Theory and Practice  30(381) - 2014 August

Labor income growth of workers in the agricultural sector as a priority area for regional agricultural policy

Available online: 7 August 2014

Subject Heading: DEVELOPMENT OF AGRICULTURAL SECTOR

JEL Classification: 

Pages: 29-36

The article focuses attention on the problems of labor incomes of agricultural workers as a priority direction of agrarian policy. The paper is expanding the role and importance of labor remuneration as one of the major factors affecting production efficiency in the industry. On the basis of correlation and regression analysis, the author reveals the interrelation between the level of wages and productivity at the agricultural enterprises of the Orel region. The results of the carried-out analysis help to reasonably prove that the main focus of improving the mechanism of formation of labor income is to strengthen the relationship between the level of wages and the end results of production and economic activities.

Keywords: agriculture, agrarian policy, labor compensation, production efficiency, labor productivity, correlation and regression analysis, Orel region

References:

1. Resolution of the Government of the Russian Federation “On State program of the development of agriculture and regulation of the markets of agricultural production, raw materials and the food for 2013–2020” of July 14, 2012 № 717. (In Russ.)
2. Chislennost’ naseleniya s denezhnymi dokhodami nizhe velichiny prozhitochnogo minimuma i defitsit denezhnogo dokhoda [Population with cash income below the living wage and shortage of money income]. Available at: Link. (In Russ.)
3. Federal State Statistics Service of the Orel region. Available at: Link. (In Russ.)
4. Ekonomika truda: sotsial’no-trudovye otnosheniya: uchebnik [Labor economy: social and labor relations: a manual]. Moscow, Ekzamen Publ., 2004, 736 p.

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