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Assessment of the impact of human capital on economic growth

Author

Listed:
  • N. V. Suvorov

    (Russian Academy of Sciences)

  • A. V. Suvorov

    (Russian Academy of Sciences)

  • V. G. Grebennikov

    (Russian Academy of Sciences)

  • V. N. Ivanov

    (Russian Academy of Sciences)

  • E. E. Balashova

    (Russian Academy of Sciences)

  • O. N. Boldov

    (Russian Academy of Sciences)

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.

Suggested Citation

  • N. V. Suvorov & A. V. Suvorov & V. G. Grebennikov & V. N. Ivanov & E. E. Balashova & O. N. Boldov, 2016. "Assessment of the impact of human capital on economic growth," Studies on Russian Economic Development, Springer, vol. 27(5), pages 495-509, September.
    • Handle: RePEc:spr:sorede:v:27:y:2016:i:5:d:10.1134_s1075700716050130
    DOI: 10.1134/S1075700716050130
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    Cited by:

    1. A. V. Suvorov & O. N. Boldov & V. N. Ivanov & G. M. Sukhorukova & A. I. Budanova, 2020. "Social Policy Directions Ensuring Revival of Economic Growth in Russia," Studies on Russian Economic Development, Springer, vol. 31(4), pages 357-365, July.
    2. A. V. Suvorov & O. N. Boldov & V. N. Ivanov & G. M. Sukhorukova & A.I. Budanova, 2019. "Tools for Analyzing Social Policies That Ensure the Recovery of Economic Growth in Russia (Part I)," Studies on Russian Economic Development, Springer, vol. 30(5), pages 514-522, September.
    3. T. A. Teterinets, 2022. "Assessment of Human Capital from the Perspective of Investment Costs," Studies on Russian Economic Development, Springer, vol. 33(2), pages 157-162, April.
    4. V. K. Fal’tsman, 2018. "On Measurement of Economic Growth," Studies on Russian Economic Development, Springer, vol. 29(1), pages 6-11, January.
    5. A. V. Suvorov & O. N. Boldov & V. N. Ivanov & G. M. Sukhorukova & A. I. Budanova, 2019. "Tools for Analyzing Social Policies That Ensure the Recovery of Economic Growth in Russia (Part II)," Studies on Russian Economic Development, Springer, vol. 30(6), pages 662-671, November.
    6. V. K. Fal’tsman, 2018. "On the Structure, Dynamics, and Use of the Asset Share in the National Wealth," Studies on Russian Economic Development, Springer, vol. 29(5), pages 462-469, September.

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