Comparative Analysis of Salary, Labor Intensity and Payroll-Output Ratio of Foreign and Domestic Firms: Case Russian Vehicle Industry
- DOI
- 10.2991/ermm-15.2015.97How to use a DOI?
- Keywords
- foreign and joint enterprises, domestic enterprises, wages, salary, labor intensity, productivity, payroll-output ratio, statistical analysis, vehicle industry, Russia
- Abstract
The article presents the results of statistical analysis of differences in average salaries, labor intensity and payroll-output ratio for businesses with different ownership. The analysis included companies in vehicle production industry in various regions of Russia. We found that foreign and joint enterprises have on the average higher salaries with lower labor intensity and payroll-output ratio than the same indicators for domestic (Russian) enterprises. These results are supported by considerable significance of both parametric and non-parametric criteria for tested statistical hypothesis correspondence to averages values. Lower labor intensity and lower payroll-output ratio (or higher productivity) provide certain economic benefits (effects) for foreign and joint enterprises. However, it can lead to negative social results of the studied industry, since it will cause reduction in employment and payrolls.
- Copyright
- © 2015, 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/).
Cite this article
TY - CONF AU - Vladislav Spitsin AU - Aleksandr Mikhalchuk AU - Lubov Spitsina AU - Elena Akerman AU - Tyuleneva Nataliya AU - Aleksei Semes AU - Darya Novoseltseva PY - 2015/04 DA - 2015/04 TI - Comparative Analysis of Salary, Labor Intensity and Payroll-Output Ratio of Foreign and Domestic Firms: Case Russian Vehicle Industry BT - Proceedings of the 2015 International Conference on Education Reform and Modern Management PB - Atlantis Press SP - 371 EP - 374 SN - 2352-5398 UR - https://doi.org/10.2991/ermm-15.2015.97 DO - 10.2991/ermm-15.2015.97 ID - Spitsin2015/04 ER -