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Paradoxes of the Measurement of Human Capital



The article considers the evolution of the main approaches to the measurement of human capital. It shows that each approach disregards some important aspects of the phenomenon, which leads to biases in the results of statistical research. Major inconsistences arise in Russia and other transition economies, whereas the problems are less acute in countries that have a developed competitive labor market.

Suggested Citation

  • I. Soboleva, 2010. "Paradoxes of the Measurement of Human Capital," Problems of Economic Transition, Taylor & Francis Journals, vol. 52(11), pages 43-70.
  • Handle: RePEc:mes:prectr:v:52:y:2010:i:11:p:43-70
    DOI: 10.2753/PET1061-1991521103

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    Cited by:

    1. Inessa Gurban & Anatoliy Myzin, 2012. "System diagnostics of the human capital state of the Russianregions: conceptual approach and assessmentresults," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 32-39.
    2. McGuirk, Helen & Lenihan, Helena & Hart, Mark, 2015. "Measuring the impact of innovative human capital on small firms’ propensity to innovate," Research Policy, Elsevier, vol. 44(4), pages 965-976.

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