Estimated economic losses from unnecessary work

21

Photo: Vladimir Smirnov / TASS

The loss of the Russian GDP from the decline in productivity over the last few years amounted to 43 trillion rubles, according to the research Institute growth name of Stolypin, excerpts of which leads to RBC.

According to expert estimates, in 2017 the production of added value per workplace was 41 percent lower than in 2014. It turned into losses for the economy in the 43 trillion rubles, which is comparable to a third of annual GDP (as of 2017).

This is the most effective sector of the Russian economy remains mining. It is followed by fishing and trade. But if the fishing and mining industry performance in recent years has increased, in trade fell.

Institute growth applied the approach different from the official one, which uses Rosstat. The experts evaluated the performance of individual enterprises on the basis of the data provided to the IRS. Generation of added value per workplace was considered as the sum of the wage per employee and gross profit per employee.

Rosstat, in turn, calculates the ratio of GDP dynamics to the change in aggregate labor costs. The result is more abstract. As a result, official data showed a drop in performance of 1.9 and 0.3 percent in 2015 and 2016, respectively.

Video, photo All from Russia.

LEAVE A REPLY

Please enter your comment!
Please enter your name here