Assessment of the impact of human capital on economic growth

Assessment of the impact of human capital on economic growth

This paper presents updated figures on the dynamics of human capital in the Russian economy. Time series of human capital are obtained for major types of economic activity that cover up to 85–90% of the total human capital in the Russian economy for 1992–2012. An analysis of the impact of accumulate...

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Veröffentlicht in:Studies on Russian economic development 2016-09, Vol.27 (5), p.495-509
Hauptverfasser: Suvorov, N. V., Suvorov, A. V., Grebennikov, V. G., Ivanov, V. N., Balashova, E. E., Boldov, O. N.
Format: Artikel
Sprache:eng
Schlagworte:
Communication
Costs
Economic activity
Economic development
Economic growth
Economic models
Economic statistics
Economic theory
Economics
Economics and Finance
Employment
Expenditures
GDP
Gross Domestic Product
Human capital
International Economics
Macroeconomic Problems
Production
Production functions
Public administration
R&D
Research & development
Retailing industry
Science
Social services
Studies
Time series
Vehicles
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Beschreibung
Zusammenfassung:This paper presents updated figures on the dynamics of human capital in the Russian economy. Time series of human capital are obtained for major types of economic activity that cover up to 85–90% of the total human capital in the Russian economy for 1992–2012. An analysis of the impact of accumulated human capital on economic dynamics is performed by means of the production function model. An original approach to assessing the production function based on the method of principal components is introduced.
ISSN:1075-7007
1531-8664
DOI:10.1134/S1075700716050130