Influence of organizational factor on change productivity and work intensity (based on the example of US economy sectors)

Author:

Minat V. N.1

Affiliation:

1. Ryazan State Agrotechnological University named after P.A. Kostychev

Abstract

Based on the results of existing research and the empirical data obtained by the author, a number of conclusions have been made about the nature and degree of influence of the labor organization factor (labor force, actually living labor) on productivity and labor intensity in industries/sectors of the US economy. This analysis covers the period from 2010 to 2022, when the American economy, subject to an extremely high degree of servization, entered the stage of “re-industrial turn”, formed on the basis of a new sixth technological structure, characterized, in addition to technological innovations, by a significant increase in the role of a person - a qualified worker with creative content of work. Based on the results of regression analysis, the grouping of industries/sectors of the US economy according to the elasticity of productivity and intensity depending on the indicators of labor organization in American companies, expressed through the corresponding regression coefficients, allowed us to draw conclusions about the ambiguity in the nature and significance of the influence of the sought factor on the explained variables. Currently, a number of American industries are forced to use extensive forms of labor organization, in particular to increase the actual hours worked, in order to maintain profitability and competitiveness, despite increasing social costs. The identification of four groups of sectors of the American economy according to this criterion indicates a change in the structural policy of the United States, characterized by a sectoral focus in the field of stabilization and increasing productivity growth rates due to the organizational factor.

Publisher

Novosibirsk State University of Economics and Management - NSUEM

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