Formation of a model for assessing the contribution of labor to the economic result of business activities

Alexey Tebekin; Artem Krivcov; Lenar Yunusov

doi:10.52957/2221-3260-2024-12-45-56

VAK Russia

5.2.1

FORMATION OF A MODEL FOR ASSESSING THE CONTRIBUTION OF LABOR TO THE ECONOMIC RESULT OF BUSINESS ACTIVITIES Formation of a model for assessing the contribution of labor to the economic result of business activities

АА Аа

Published in Theoretical economics · Pages 45–56 · Rubric: NEW INDUSTRIALIZATION: THEORETICAL AND ECONOMIC ASPECT

DOI: https://doi.org/10.52957/2221-3260-2024-12-45-56

Received: 27.11.2024 Accepted: 19.12.2024 Published: 16.01.2025

Authors

Alexey Tebekin

ORCID

Artem Krivcov

ORCID Scopus

Lenar Yunusov

ORCID Scopus

Alexey Tebekin

Academic degree: doctor of economic sciences ; doctor of technical sciences

Science rang: professor

Moskovskiy gosudarstvennyy universitet imeni M. V. Lomonosova Russian Federation · Moscow

INSTITUTE FOR ADVANCED TRAINING OF EXECUTIVES AND SPECIALISTS Russian Federation

Federal State University of Education Russian Federation

Academy of Labour and Social Relations Moscow

ORCID

Artem Krivcov

Academic degree: doctor of economic sciences

Science rang: professor

Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs of the Russian Federation Russian Federation · Moscow

ORCID Scopus

Lenar Yunusov

Academic degree: doctor of economic sciences

Science rang: professor

Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs of the Russian Federation Professor · Department of Management, Marketing and foreign economic activity · Russian Federation · Moscow

ORCID Scopus

ABSTRACT

The relevance of the presented study is determined by the fact that in the modern post-industrial era, the contribution of intellectual labor to the creation of added value is increasing, which is manifested in the rapid development of the knowledge economy, also known as the creative economy (industry). It is necessary to take into account that intellectual labor, generating new knowledge, as a resource is characterized by the absence of potential limitations, and as a product, on the one hand, has no logistical limitations, and, on the other hand, having an intangible form, it is quite difficult to measure, which entails problems in establishing a fair level of remuneration by the employer, and determining the taxable base and regulating production processes by public administration systems, as well as a number of other problems. The specified trend is an increase in the contribution of intellectual labor to the creation of added value, which naturally requires adequate consideration of the contribution of various components of labor to the economic result of the economic activity of companies. The purpose of the presented study is to develop models that take into account the assessment of the contribution of labor components to the economic result of business activities. The scientific novelty of the obtained results lies in the fact that in the work, based on the analysis of key areas of research carried out within the framework of labor economics as a science, the basic characteristics of knowledge as a production resource and commodity and the composition of the main factors of production in the development of the Cobb-Douglas production function model, a model is proposed that describes the dependence of the volume of production of products, taking into account the contribution of all factors of production, including: capital costs; production opportunities provided by the land used; invested entrepreneurial abilities; contribution of information; costs of physical labor; contribution of intellectual labor. The practical significance of the obtained results lies in expanding the possibilities of analyzing various factors of production on the economic results of business activities, as well as using the proposed theoretical model in constructing empirical dependencies of the production function, taking into account the contribution of all six main factors of production currently under consideration.

KEYWORDS

model formation, labor contribution assessment, economic result, business activity

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Tebekin A. V., Krivcov A. I., Yunusov L. A. Formation of a model for assessing the contribution of labor to the economic result of business activities // Theoretical economics. 2024. no. 12. pp. 45-56. DOI: https://doi.org/10.52957/2221-3260-2024-12-45-56. (Date of access 10.09.2026).

MLA

Alexey Tebekin, Krivcov A. I., Yunusov L. A.. "Formation of a model for assessing the contribution of labor to the economic result of business activities." Theoretical economics.12 (2024): 45-56. DOI: https://doi.org/10.52957/2221-3260-2024-12-45-56.

APA

Tebekin A. V., Krivcov A. I., Yunusov L. A. (2024). Formation of a model for assessing the contribution of labor to the economic result of business activities. Theoretical economics(12), 45-56. https://doi.org/10.52957/2221-3260-2024-12-45-56

Chicago

Alexey Tebekin, Krivcov A. I., Yunusov L. A.. "Formation of a model for assessing the contribution of labor to the economic result of business activities." Theoretical economics, no. 12 (2024): 45-56. https://doi.org/10.52957/2221-3260-2024-12-45-56.

WIKI

{{cite journal | author = Tebekin A. V., Krivcov A. I., Yunusov L. A. | title = Formation of a model for assessing the contribution of labor to the economic result of business activities | journal = Theoretical economics | year = 2024 | issue = 12 | pages = 45-56 | doi = 10.52957/2221-3260-2024-12-45-56 }}

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