Email this article Assessment of the impact of human capital on economic growth
- Authors: Suvorov N.V.1, Suvorov A.V.1, Grebennikov V.G.2, Ivanov V.N.1, Balashova E.E.1, Boldov O.N.1
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Affiliations:
- Institute of Economic Forecasting
- Central Economic Mathematical Institute
- Issue: Vol 27, No 5 (2016)
- Pages: 495-509
- Section: Macroeconomic Problems
- URL: https://journal-vniispk.ru/1075-7007/article/view/213638
- DOI: https://doi.org/10.1134/S1075700716050130
- ID: 213638
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Abstract
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.
About the authors
N. V. Suvorov
Institute of Economic Forecasting
Author for correspondence.
Email: asuvor@ecfor.ru
Russian Federation, Moscow
A. V. Suvorov
Institute of Economic Forecasting
Email: asuvor@ecfor.ru
Russian Federation, Moscow
V. G. Grebennikov
Central Economic Mathematical Institute
Email: asuvor@ecfor.ru
Russian Federation, Moscow
V. N. Ivanov
Institute of Economic Forecasting
Email: asuvor@ecfor.ru
Russian Federation, Moscow
E. E. Balashova
Institute of Economic Forecasting
Email: asuvor@ecfor.ru
Russian Federation, Moscow
O. N. Boldov
Institute of Economic Forecasting
Email: asuvor@ecfor.ru
Russian Federation, Moscow
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