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Services, human capital and the "cost-output" model

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  • Nikolay Dimitrov
  • Nikolay Igov

Abstract

The issue of human capital bears an important significance on carrying out the reforms in Bulgaria. In this junction this article concentrates on the following problems: The "Cost - Output" Model is implemented in the field of services with the aim to reveal in greater extent their role in forming human capital. This enables the extensive research of the structure of The Service System and its links with other systems of society; the internal links of the Service Sector are bound by intersectoral links under the form of an expanded Cost-0utput Model. This opens an opportunity to specify the material products, needed for the normal function of every subsystem of services; for investigation of these models The Components - Size Analysis is implemented. The components-size of the elements making up the service system is established; the material products needed for the normal function of the service system are divided into two types resulting from the manner of their usage in the process of running the services - single or multiple usage.

Suggested Citation

  • Nikolay Dimitrov & Nikolay Igov, 2003. "Services, human capital and the "cost-output" model," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 49-61.
    • Handle: RePEc:bas:econth:y:2003:i:3:p:49-61
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    More about this item

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts

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