employee
student
Study of the influence of the factors of the average per capita subsistence minimum and average wage in order to identify the degree of impact on labor productivity by constructing a regression model. The purpose of this study is to construct a regression model to identify the degree of impact of various factors on labor productivity. The article provides a review and analytical study of such factors as the average per capita subsistence minimum, average wage and their impact on labor productivity. The statistics on the factors of influence are considered and a regression model is constructed. The obtained regression results are analyzed. The authors put forward a proposal to develop measures to stimulate labor productivity by introducing innovations in various areas of factors. The results of the study can be used in analyzing the impact of various factors on labor productivity for further research, as well as for developing recommendations in the field of economic policy and developing strategies to improve labor efficiency at various levels of business.
regression model, cost of living, wages, economic development, correlation and regression analysis
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