Relationship between Supply and Demand Factors in Regional Labor Markets

Alexander Tyrsin, Alexander Tyrsin, Elena Vasilyeva

2021

Abstract

The article presents the author’s approach to the analysis of matching labor demand and supply. The essence of the approach is to dynamically assess the closeness of the relationship between two sets of indicators describing their factors. The proposed model for calculating the coefficient of the closeness of the relationship made it possible to consider the factors of formation of demand for labor and its supply simultaneously, as well as to make quantitative estimates. Approbation of the approach was carried out on the example of the constituent entities of the Russian Federation included in the Ural Federal District. The estimation results show that the tightness of the relationship between the indicators of labor market supply and demand factors has increased over 2000-2019. The most significant contribution to the alignment of supply and demand in regional labor markets is made by the demographic factor - the share of the population of working age.

Paper Citation

in Harvard Style

Tyrsin A. and Vasilyeva E. (2021). Relationship between Supply and Demand Factors in Regional Labor Markets. In Proceedings of the 1st International Scientific Forum on Sustainable Development of Socio-economic Systems - Volume 1: WFSDS, ISBN 978-989-758-597-5, pages 273-277. DOI: 10.5220/0010667200003223

in Bibtex Style

@conference{wfsds21,
author={Alexander Tyrsin and Elena Vasilyeva},
title={Relationship between Supply and Demand Factors in Regional Labor Markets},
booktitle={Proceedings of the 1st International Scientific Forum on Sustainable Development of Socio-economic Systems - Volume 1: WFSDS,},
year={2021},
pages={273-277},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010667200003223},
isbn={978-989-758-597-5},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Scientific Forum on Sustainable Development of Socio-economic Systems - Volume 1: WFSDS,
TI - Relationship between Supply and Demand Factors in Regional Labor Markets
SN - 978-989-758-597-5
AU - Tyrsin A.
AU - Vasilyeva E.
PY - 2021
SP - 273
EP - 277
DO - 10.5220/0010667200003223