Search Results

You are looking at 1 - 1 of 1 items for

  • Author: Pavel A. Chernovalov x
Clear All Modify Search
Open access

Aliaksandr V. Chernovalov, Marek Kuźmicki and Pavel A. Chernovalov

Summary

Subject and purpose of work: The article compares cleaning services markets in Warsaw and Moscow. The productivity of work is the subject of the research, but not in the traditional neoclassical interpretation, but within the institutional economy. The aim of the article is to show new ways of analyzing work productivity using institutional methodology.

Materials and methods: The article uses a conventional method, which is a combination of institutional and neoclassical methodology. It covers sociological research tools and statistical methods of data processing used for quantitative analysis as part of the institutional approach.

Results: Similar parameters of human capital indicators were obtained in the employees of both markets. The indicators of opportunism in the representatives of the employees of the Moscow market are much higher, which significantly reduces the quantitative values of the institutional work productivity in Eastern markets.

Conclusions: In order to increase institutional work productivity in Eastern European markets (Russia) and to reduce opportunistic behavior of transaction participants, it is necessary to modernize institutional environment in these countries.