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Socio-Economic Well-Being as a Condition to Form Potential Human Capital
[Социально-Экономическое Благополучие Как Условие Формирования Потенциального Человеческого Капитала]

Author

Listed:
  • Elena M. Samorodova (Самородова, Елена)

    (Central Russian Institute of Management – Branch of RANEPA)

  • Ekaterina N. Karaeva (Караева, Екатерина)

    (Central Russian Institute of Management – Branch of RANEPA)

  • Irina A. Tychinskaya (Тычинская, Ирина)

    (Central Russian Institute of Management – Branch of RANEPA)

Abstract

The materials of the article are a continuation of a series of the authors’ research devoted to the study of correlation relationship closeness between the level of socio-economic development of the countries and the development of national human capital. Quantitative relationship between the level of socio-economic well-being of the country and development potential of future human capital is the object of attention in the article. Based on the author's interpretation of the concept of "potential human capital" from the standpoint of correlation and regression analysis, influence of socio-economic well-being parameters on the current opportunities of formation and realization of human capital of future generations is considered. Within the framework of the methodological tools of regression analysis, based on calculations of correlation coefficients, there was an attempt to quantify the degree of influence on the dependent variable (potential human capital) of various parameters of socio-economic well–being of countries – per capita income, non-cost characteristics of social development (competitiveness of national economy, level of social progress, level of prosperity, and level of happiness).

Suggested Citation

  • Elena M. Samorodova (Самородова, Елена) & Ekaterina N. Karaeva (Караева, Екатерина) & Irina A. Tychinskaya (Тычинская, Ирина), 2024. "Socio-Economic Well-Being as a Condition to Form Potential Human Capital [Социально-Экономическое Благополучие Как Условие Формирования Потенциального Человеческого Капитала]," Economic environment, Russian Presidential Academy of National Economy and Public Administration, vol. 13(1), pages 5-19.
  • Handle: RePEc:rnp:ecoenv:ee2401
    DOI: 10.36683/ee241.5-19
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    More about this item

    Keywords

    socio-economic well-being; potential human capital; human capital index; correlation; coefficient of determination; level of prosperity;
    All these keywords.

    JEL classification:

    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications

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