Forcasting of the productivity labour index for the central federal district

Abstract

Forcasting of the productivity labour index for the central federal district

Tsvil M.M., Nesterova A.V.

Incoming article date: 06.03.2021

In the given article a regression model of the labor productivity index from the investment dynamics into the fixed capital for the Central Federal District is build. The time series regression model is constructed by means of the trend deviation method. According to the obtained econometric model, a forecast of the labor productivity index for subsequent periods is made.

Keywords: econometric model, forecasting, labor productivity index, investment, regression, time series, trend