In the section Articles
Title of the article Interrelation between Supply and Demand Factors in Regional Labor Markets
Pages 83-100
Author 1 Alexander Nikolaevich Tyrsin
Doctor of Sciences (Technical Sciences), Professor of the Department of Applied Mathematics
Ural Federal University
19 Mira St., Yekaterinburg, 620002, Russian Federation
Leading Researcher of the Department of Applied Mathematics and Programming
South Ural State University (National Research University)
76 Lenin Av., Chelyabinsk, 454080, Russian Federation
This email address is being protected from spambots. You need JavaScript enabled to view it.
ORCID: 0000-0002-2660-1221
Author 2 Elena Vitalyevna Vasilyeva
Candidate of Sciences (Economics), Senior Research Fellow, Head of the Center for Economic Security
Institute of Economics of the UB RAS
29 Moskovskaya St., Yekaterinburg, 620014, Russian Federation
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ORCID: 0000-0002-0446-1555
Abstract The article presents the author’s approach to the analysis of matching the demand for labor and its supply. The essence of the approach lies in the dynamic assessment the closeness of the relationship between two sets of indicators describing each of the factors. The proposed model for calculating the coefficient characterizing the closeness of the relationship allowed us to consider simultaneously the factors of the formation of demand for labor and its supply, as well as to make quantitative estimates. The approach was tested using the data from the subjects of the Russian Federation situated in the Ural Federal District. The results of the assessment showed that during the period from 2000 to 2019 the closeness of relationship between the indicators of supply and demand factors in the labor market increased. The most significant contribution to the coordination between supply and demand in the regional labor markets is made by the demographic factor, i.e. the share of the population of working age. In addition, in some subjects of the Russian Federation, the functioning of the labor market is quite significantly affected by the retail turnover, the amount of investment in fixed assets and the graduation of specialists. The use of the coefficient of closeness of the relationship allowed us to consider simultaneously all the indicators of the factors of supply and demand in the labor market and make quantitative estimates. Such a unique approach makes it possible to avoid the objectively existing restrictions in the statistical accounting of employment and unemployment
Code 331.522
JEL C21, N97, R12
DOI https://dx.doi.org/10.14530/se.2022.2.083-100
Keywords labor market ♦ demand ♦ supply ♦ labor force ♦ region
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For citation Tyrsin A.N., Vasilyeva E.V. Interrelation between Supply and Demand Factors in Regional Labor Markets. Prostranstvennaya Ekonomika = Spatial Economics, 2022, vol. 18, no. 2, pp. 83–100. https://dx.doi.org/10.14530/se.2022.2.083-100 (In Russian)
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Financing This work has been carried out with the financial support of the Russian Foundation for Basic Research grant, project No. 20-41-660008
Submitted 11.02.2022
Approved after reviewing 15.03.2022
Accepted for publication 20.04.2022
Available online 30.06.2022

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