Poster Number

123

Session Title

Wages and Economics

Presenter Information

Angelica UrregoFollow

Document Type

Poster Presentation

Faculty Mentor

Louis Pantuosco, Ph.D.

College

College of Business Administration

Department

Department of Accounting, Finance, and Economics

Description

Efficiency is loosely measured by accounting for the levels of productivity and costs involved for labor. This paper seeks to lay out the efficiency of the labor market during the height of the U.S.S.R.’s command system economy. Various literature on the subject argues that, contrary to common knowledge, the Soviet Union had an efficient economy. To effectively measure efficiency, this paper first examines the characteristics of the Soviet labor market from 1922 – 1991 and highlights important topics of productivity, employment, and supply and demand distinctions. A special focus is placed on the widespread shortages that gravely affected Russians throughout the years. The focus then shifts to an analysis of the lives of laborers, noting how their work days transpired and the level of discipline that the labor market conditioned them for. Finally, this paper compares the labor market trends of the U.S.S.R. with the trends of modern day Russia. Here, I examine the key changes in the labor market that have allowed for productivity to improve within the last three decades.

Course Assignment

ECON 345 – Pantuosco

Included in

Economics Commons

Share

COinS
 
Apr 24th, 12:00 AM

Measuring Efficiency in The Soviet Union Labor Market

Efficiency is loosely measured by accounting for the levels of productivity and costs involved for labor. This paper seeks to lay out the efficiency of the labor market during the height of the U.S.S.R.’s command system economy. Various literature on the subject argues that, contrary to common knowledge, the Soviet Union had an efficient economy. To effectively measure efficiency, this paper first examines the characteristics of the Soviet labor market from 1922 – 1991 and highlights important topics of productivity, employment, and supply and demand distinctions. A special focus is placed on the widespread shortages that gravely affected Russians throughout the years. The focus then shifts to an analysis of the lives of laborers, noting how their work days transpired and the level of discipline that the labor market conditioned them for. Finally, this paper compares the labor market trends of the U.S.S.R. with the trends of modern day Russia. Here, I examine the key changes in the labor market that have allowed for productivity to improve within the last three decades.

 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.