Author:
Yu. V. Matveev,
Doctor of Economics, Professor,
Samara State University of Economics,
141 Sovetskoi Armii st., Samara, 443090, Russian Federation
e-mail: matveev_yv@gmail.com
K. YU. Matveev,
Candidate of Economics, Associate Professor,
Samara State University of Economics,
141 Sovetskoi Armii st., Samara, 443090, Russian Federation
e-mail: matveev_k@mail.ru
K. V. Shnyakin
Candidate of Economics, Associate Professor,
Samara State University of Economics,
141 Sovetskoi Armii st., Samara, 443090, Russian Federation
e-mail: shnyakin_kv@mail.ru
T. E. Stepanova,
Doctor of Economics, Professor, Head. Department of Agricultural Economics and Fisheries,
Kaliningrad State Technical University,
1 Sovetsky ave., Kaliningrad, 236022, Russian Federation
ORCID ID: https://orcid.org/0000-0002-7530-9059
SPIN-code:: 2910-6272
e-mail: tatyana.stepanova@klgtu.ru
Abstract:
Introduction. The study is devoted to the problem of increase in labor productivity as a result of the accumulation process and a leading factor of socio-economic development of the soc iety.
Materials and Methods. The study is based on the reproductive approach, statistical analysis and synthesis. The application of the reproductive approach enables a comprehensive study of the relationship of accumulation, savings, investment and labour productivity.
Results. It is emphasized that in historical terms, the investment process is increasingly penetrated by diverse socio-economic relations between its participants regarding the movement of investment resources in order to increase labour productivity. The investments represent the hereditary category of reproduction and accumulation of capital, the category of the core of a knowledge-based soc iety.
Conclusions. The study reveals new trends in the development of the investment process: the con-centration of investment flows in technological development; the growth of the innovative nature of capital, which determines the structure of investment consumption.
Keywords:
Accumulation, savings, investment, labor productivity, gross domestic product (GDP), re-production, capital stock, active and passive parts of capital funds.
