The Inter-Relation Between Labor Productivity and Salary in the Age of Digital Transformation: from Economic Analysis to the Anthropological Aspect

EasyChair Preprint 2931

Abstract

The issue of the impact of new technologies use on the labor productivity growth takes on relevance in the digital economy. The article discusses the problem of the labor productivity and wages growth rates dependence, expressed through the coefficient of outstripping growth. This dependence have been analyzed based on data of leading countries on labor productivity (Ireland, Luxembourg, Great Britain, USA), as well as Russia and Mexico. There was revealed that labor productivity growth rates exceeded the wages growth rates in most countries, but Russia and Mexico. This observation is seen against the background of studies that show that innovatively developed countries has much lower correlation between labor productivity and wages than in innovatively undeveloped countries. This is largely due to the influence of other factors in the expansion of innovation. The authors see one of the reasons in the humanitarian component. To increase labor productivity, it is necessary to realize the full range of opportunities, and anthropological foundations should be put at the forefront.

Keyphrases: humanitarian aspects, innovatively developed countries, labor productivity, outstripping growth rate

@booklet{EasyChair:2931,
  author    = {Liubov Laskina and Liubov Silakova and Olga Skidan},
  title     = {The Inter-Relation Between Labor Productivity and Salary in the Age of Digital Transformation: from Economic Analysis to the Anthropological Aspect},
  howpublished = {EasyChair Preprint 2931},
  year      = {EasyChair, 2020}}