REGIONAL MINIMUM SALARY IN RUSSIA: ECONOMETRIC ANALYSIS
Abstract
Currently regional minimum salary is the only way of labour market regulation on regional level in Russia. However, procedure and effects of regional minimum salary determination are not examined enough. We prepared a data base for all regional minimums, effective in Russia in 2007–2012. On the basis of econometric analysis we revealed main factors defining minimum wage rate in the region. Gross regional product per capita, profit of organizations, price differences, demographic, climatic and political factors should be noted as the most significant factors.
About the Author
S. D. Kapelyuk
Siberian University of Consumer Cooperation
Russian Federation
Ph.D., Associate Professor, Chair of Economy of Consumer Cooperation
Russian Federation
Ph.D., Associate Professor, Chair of Economy of Consumer Cooperation
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Review
For citations:
Kapelyuk S.D. REGIONAL MINIMUM SALARY IN RUSSIA: ECONOMETRIC ANALYSIS. Vestnik NSUEM. 2014;(1):157-169. (In Russ.)
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