CONTROLLING THE RELATIONSHIP BETWEEN THE RATES OF INCREASE IN LABOR PRODUCTIVITY AND AVERAGE WAGES

摘要

In practice, the standard relationship between increases in average wages and labor productivity is an economic mechanism which offers a sufficiently effective tool to calculate the most important indices of expanded socialist production. For this particular reason, since Jan. 1, 1988 this index has been raised into the ranks of a long-term economic norm. The large number of appeals by enterprises to Mintsvetmet USSR on modifying the relationship confirm the Jack of understanding of the significance of this index. When its level was established in 1988-1990, in close conformity with the five-year plan conditions for each enterprise, a factorial analysis was conducted of the components in the relationship and calculations made of all the objective circumstances, to wit; the need to provide wages funds [FZP] for newly introduced facilities and production units which, in the course of implementation, will not meet the planned level of labor productivity, and also the FZP for the introduction of environmental units, directly reducing the overall level (in money terms) of labor productivity in the enterprise; specifics of reproduced structures related to capital investments in subdivisions and enterprises; worsening mining-geological conditions (switching from open-cut to underground mining, reductions in the mining front, drops in the content of valuable components, damping, etc.); changes in the structure and profile of production and in the level of cooperation among enterprises.