Proceedings of the 2015 International Conference on Education Reform and Modern Management

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Comparative Analysis of Salary, Labor Intensity and Payroll-Output Ratio of Foreign and Domestic Firms: Case Russian Vehicle Industry

Authors
Vladislav Spitsin, Aleksandr Mikhalchuk, Lubov Spitsina, Elena Akerman, Tyuleneva Nataliya, Aleksei Semes, Darya Novoseltseva
Corresponding Author
Vladislav Spitsin
Available Online April 2015.
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/).

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Volume Title
Proceedings of the 2015 International Conference on Education Reform and Modern Management
Series
Advances in Social Science, Education and Humanities Research
Publication Date
April 2015
ISBN
10.2991/ermm-15.2015.97
ISSN
2352-5398
DOI
10.2991/ermm-15.2015.97How to use a DOI?
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

risenwbib
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  -