Increase in Labor Quantity Key to Boosting Manufacturing Sector in Russia.
The article analyzes different sectors of the Russian industry to understand what factors drive production growth. By studying manufacturing, extractive enterprises, and electric-power sectors, the researchers found that increasing labor quantity is crucial for manufacturing growth, while capital plays a bigger role in extractive enterprises due to their traditional capital intensity. However, models for the electric-power sector were less clear. Overall, the study offers a method for building production functions for these sectors, considering limitations in available data.