Type of Employment as the Most Important Factor of Economic Growth

DOI

10.2991/aebmr.k.200324.169How to use a DOI?

Keywords

basic workforce, pioneer workforce, flexible employment, rigid employment, economic growth

Abstract

The labor force has a number of essential characteristics that can be classified, on the one hand, into quantitative and qualitative, and on the other, in accordance with the phases of reproduction. Based on the set of characteristics, it is possible to classify the labor force into basic, producing traditional products, and pioneer, producing innovative products. Identifying the influence of employment on the dynamics of GDP and the type of economic growth, it is proposed to distinguish two types of employment: flexible and rigid. The relevance of this article is to identify the influence of the type of employment and the possibility of achieving positive economic growth on a qualitative basis in the long-term perspective. On the basis of theoretical study of types of labor and types of employment a comparative analysis has been carried out for the countries of Great Seven, Russia and China to identify reproduction peculiarities of labor power in these countries and to justify their impact on economic growth. A grouping of the studied countries by type of employment was proposed according to the type of employment based on the ratio of GDP dynamics and the dynamics of the number of consumed workforce. As a result, the type of employment of labor force is closely related to the parameter of labor productivity, which significantly affects the dynamics of national production.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Svetlana Pshenichnikova
AU  - Elena Kolesnik
AU  - Roman Pshenichnikov
PY  - 2020
DA  - 2020/03/30
TI  - Type of Employment as the Most Important Factor of Economic Growth
BT  - Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)
PB  - Atlantis Press
SP  - 918
EP  - 924
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200324.169
DO  - 10.2991/aebmr.k.200324.169
ID  - Pshenichnikova2020
ER  -