The Analysis of Russian Population Incomes for 2012-2015

Author Name(s): Aigul A. Vasilova, Askar N. Mustafin, Aleksandr V. Morozov
Author Email: *mustafin.ksu@yandex.ru

Abstract

Population incomes and their structural indicators are one of the most important criteria of the state welfare. Dynamic changes analysis of the population incomes clearly demonstrates how efficiently the economy functions. The ignorance of certain trends emergence in the economy is meaningless, because they define the direction of the state’s economic policy.In the study, the team of authors analyzed statistics for the period 2012-2015. Such indicators as the level of income of the Russian Federation population, the structure of the income use, the main sources of income, and the degree of income differentiation were considered.It was revealed, that for the period 2012-2015, the real income of Russians decreased, while nominal income changed in ascending order. Such fluctuations were connected with an outpacing increase in inflation.There is a decline in yield from entrepreneurial activity among the main sources of income of the Russian Federation population. In the structure of the income use, there is a significant distortion towards saving in 2015, that is due to the unstable economic situation in the country. Although this figure still makes up a small part of the total share.Also, using the Gini coefficient, the degree of differentiation of the population incomes was calculated. The results of the calculations showed, that the income differences of Russian citizens were very significant.This article is a representation of the real state of incomes of Russian citizens in 2012-2015, based on official statistics.

Introduction

Monitoring the level of citizens income, their structure, as well as the calculation of the degree of income differentiation of various population groups, allows the state to determine the direction of social and economic policy. Depending on the trends, defined in this or that indicator, certain tasks are put, designed to solve the problems that have arisen.

This article considers the income level of Russians for the period 2012-2015. In the research, the authors raised the following questions:

  1. What is the real state of incomes of Russian citizens?
  2. Is the degree of income differentiation high in Russia?
  3. What measures can the government of the Russian Federation take to improve the economic situation of the Russian population?

The article considers such indicators as the level of poverty and the minimum level of subsistence in Russia. The analysis of these indicators and the consideration of objective reasons for the high level of poverty in the country allow the authors to provide the overview and to give a piece of their mind.

The data, collected during the study, will help to answer the questions of how the basic structural indicators of Russians incomes have changed for the period 2012-2015; what is the socio-economic status of the average citizen of the Russian Federation; and what gaps need to be filled in by the government to create conditions for the economic well-being of Russians.

Conclusion

The problems of this research will not lose its relevance as long as humanity will carry out its activities through specific intermediary, called “money.” One of the most important indicators of national wealth is the object of the research – the income of the population.

In the framework of this study, the income of the Russian Federation population was analyzed. In the course of the work, a number of trends were identified, which are appropriate to Russia, and determining the specifics of the formation and the income structure of Russians.

In addition to statistical data and their analysis, the article also presents recommendations and solutions for the main social and economic problems of Russia, directly related to the incomes of its citizens.

The identified problems were investigated from the point of view of determination and continuity that allowed to consider their solution more objectively and rationally.

It is also important to note, that the article recognizes the need for the practice of exchanging the experience of Russia with the advanced countries, the movement along the already laid and stable functioning economic and social ways of development. The reliance on the international experience, taking into account certain features of the Russian economy, will help to avoid protracted crises and unfavorable circumstances.

References

  1. Federal State Statistics Service, companies [Electronic resource]. Available at: http://www.gks.ru
  2. RUSSIAN ECONOMY in 2015, trends and prospects, companies [Electronic resource]. Available at: http://www.iep.ru/files/text/trends/2015/05.pdf
  3. Kop, R. (2012). The unexpected connection: Serendipity and human mediation in networked learning. Educational Technology & Society, 15(2), 2-11.
  4. Audretsch, D. The dynamic role of small firms: evidence from the U.S. (2001)// World bank. Wash., pp. 1-10.
  5. Fang, X. & An, L. (2017). A study of effects of entrepreneurial passion and risk appetite on entrepreneurial performance.  Revista de Cercetaresi Interventie Sociala, Volume 56, Issue MARCH, March 2017, Pp. 102-113.
  6. Diego Winkelried. Income Distribution and the Size of the Informal Sector; St John’s College, University of Cambridge (2005)// SSRN Electronic Journal, pp. 1-26.
  7. Deaton, Angus S. Counting the World’s Poor: Problems and Possible Solutions (2001)// World Bank Research Observer, vol.16, issue 2, pp. 1-147.
  8. Kakwani, N., Sajaia, Z. Poverty line in Russia: issues, methodology and recommendations (2003)// World Bank, Washington. Poverty Reduction and Economic Management Unit Europe and Central Asia Region, p. 194.
  9. ECONOMIC CRISIS – SOCIAL MEASUREMENT, companies [Electronic resource]. Available at: http: //economytimes.ru/sites/default/files/2015-SM.pdf
  10. Muhammad Shakeel, Ijaz Hussain, Mian Muhammad Arif, Muhammad Ameen and Muhammad Ahsan ul haq (2015): Parametric modeling of household income distribution in the punjab, pakistan// Sci. Int. (Lahore), 27(5), pp. 4161-4170.
  11. Lisandra Flach, Eckhard Janeba. Income inequality and export prices across countries (2015) //Canadian Journal of Economics, 50(1), pp. 162-200.
  12. Arloc Sherman, Danilo Trisi, Sharon Parrot. Various Supports for Low-Income Families Reduce Poverty and Have Long-Term Positive Effects On Families and Children. (2013) // 820 First Street NE, Suite 510 Washington, DC 20002, pp. 1-19.
  13. Munenobu Ikegami, Michael R. Carter, Christopher B. Barrett, Sarah A. Janzen. Poverty traps and the social protection paradox (2016)// NBER Working Paper No. 22714, pp. 2-32.
  14. Nadeem Iqbal and Muhammad Ramzan Akhtar. Statistical evaluation, measuring and managing poverty in rural (2015) //Pakistan Journal of Statistics, Vol. 31(6), pp. 709-716.
  15. Mustafin, A.N, Ignateva, O.A., Formation of the human capital assessment quality model at the present stage of development of innovative economy// Academy of Strategic Management Journal. – 2016. – Vol.15, Is. Special Issue 1. – Pp. 27-37.

 

506 total views, 1 views today

Download PDF File

About the author: admin