IDEAS home Printed from https://ideas.repec.org/a/ura/ecregj/v1y2018i3p791-805.html
   My bibliography  Save this article

Contribution of Education to the Socio-Economic Development of the Subjects of the Russian Federation

Author

Listed:
  • Tatiana Klyachko

    (Russian academy of national economy and public administration)

  • Elena Semionova

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

Education is critical to economic and social development and has an impact on individual’s future income. Education affects not only the potential ability of the individual to increase his or her future income, but can be considered as a source of socio-economic development of the region. This paper presents the results of the evaluation of the education contribution to the socio-economic development of Russian regions. The study was conducted both for the Russian Federation as a whole and for the Federal districts and regions of Russia. We have developed the methodology for calculating the potential contribution of education to the socio-economic development of Russian regions. We assumed that when graduates enter the labour market they contribute to the economic growth and the social activity. From 2005 to 2016, the authors have analysed contribution of the following types of education: secondary general education, basic vocational education, secondary vocational education and higher education. Furthermore, we have considered the contribution of higher education to the socio-economic development of the regions of Russia across types of targeted training and specializations to select a sample of ten territorial subjects of the Russian Federation. We came to the conclusion that the higher education is the main contributor to the socio-economic development of the subjects of the Russian Federation. The potential contribution of the general education system to the socioeconomic development of the subjects of the Russian Federation is due to the fact that it prepares pupils for the following education levels, but not for their entry to the labour market. The results of the research can be used to conduct a regular assessment of the impact of region’s education system to its social and economic development, as well as to optimize the regional structure of secondary and higher education.

Suggested Citation

  • Tatiana Klyachko & Elena Semionova, 2018. "Contribution of Education to the Socio-Economic Development of the Subjects of the Russian Federation," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 791-805.
    • Handle: RePEc:ura:ecregj:v:1:y:2018:i:3:p:791-805
    as

    Download full text from publisher

    File URL: http://economyofregion.ru/Data/Issues/ER2018/September_2018/ERSeptember2018_791_805.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Steven Mcintosh, 2006. "Further Analysis of the Returns to Academic and Vocational Qualifications," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 68(2), pages 225-251, April.
    2. George Psacharopoulos & Harry Anthony Patrinos, 2004. "Returns to investment in education: a further update," Education Economics, Taylor & Francis Journals, vol. 12(2), pages 111-134.
    3. Daniel Cohen & Marcelo Soto, 2007. "Growth and human capital: good data, good results," Journal of Economic Growth, Springer, vol. 12(1), pages 51-76, March.
    4. Jenkins, H., 1995. "Education and Production in the United Kingdom," Economics Papers 101, Economics Group, Nuffield College, University of Oxford.
    5. Sefa Awaworyi Churchill & Vinod Mishra, 2018. "Returns to education in China: a meta-analysis," Applied Economics, Taylor & Francis Journals, vol. 50(54), pages 5903-5919, November.
    6. Lorraine Dearden & Leslie McGranahan & Leslie McGranahan & Barbara Sianesi, 2004. "Returns to Education for the Marginal Learner: Evidence from the BCS70," CEE Discussion Papers 0045, Centre for the Economics of Education, LSE.
    7. Lester M. Salamon & S. Wojciech Sokolowski & Megan A. Haddock, 2011. "Measuring The Economic Value Of Volunteer Work Globally: Concepts, Estimates, And A Roadmap To The Future," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 82(3), pages 217-252, September.
    8. Siegfried, John J. & Sanderson, Allen R. & McHenry, Peter, 2007. "The economic impact of colleges and universities," Economics of Education Review, Elsevier, vol. 26(5), pages 546-558, October.
    9. Blundell, Richard, et al, 2000. "The Returns to Higher Education in Britain: Evidence from a British Cohort," Economic Journal, Royal Economic Society, vol. 110(461), pages 82-99, February.
    10. Colm Harmon & Ian Walker & Niels Westergaard-Nielsen, 2001. "Introduction [to Education and earnings in Europe : a cross country analysis of the returns to education]," Open Access publications 10197/757, School of Economics, University College Dublin.
    11. Lorraine Dearden, 1999. "Qualifications and earnings in Britain: how reliable are conventional OLS estimates of the returns to education?," IFS Working Papers W99/07, Institute for Fiscal Studies.
    12. Dagum, Camilo & Slottje, Daniel J., 2000. "A new method to estimate the level and distribution of household human capital with application," Structural Change and Economic Dynamics, Elsevier, vol. 11(1-2), pages 67-94, July.
    13. Colm Harmon & Ian Walker & Niels Westergaard-Nielsen (ed.), 2001. "Education and Earnings in Europe," Books, Edward Elgar Publishing, number 2237.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Angel de la Fuente, 2003. "Human Capital in a global and knowledge-based economy, part II: assessment at the EU country level," Working Papers 98, Barcelona School of Economics.
    2. Angel de la Fuente & Antonio Ciccone, 2003. "Human capital in a global and knowledge-based economy," UFAE and IAE Working Papers 562.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    3. Chris Belfield & Laura van der Erve, 2018. "The impact of higher education on the living standards of female graduates," IFS Working Papers W18/25, Institute for Fiscal Studies.
    4. Angel de la Fuente & Juan Francisco Jimeno, 2004. "The private and fiscal returns to schooling and the effect of public policies on private incentives to invest in education: a general framework and some results for the EU," Working Papers 152, Barcelona School of Economics.
    5. Wölfel, Oliver & Heineck, Guido, 2012. "Parental risk attitudes and children's secondary school track choice," Economics of Education Review, Elsevier, vol. 31(5), pages 727-743.
    6. Erich Battistin & Barbara Sianesi, 2006. "Misreported schooling and returns to education: evidence from the UK," CeMMAP working papers CWP07/06, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    7. Nigel C. O’Leary & Peter J. Sloane, 2005. "The Return to a University Education in Great Britain," National Institute Economic Review, National Institute of Economic and Social Research, vol. 193(1), pages 75-89, July.
    8. Richard Blundell & Lorraine Dearden & Barbara Sianesi, 2003. "Evaluating the impact of education on earnings in the UK: Models, methods and results from the NCDS," IFS Working Papers W03/20, Institute for Fiscal Studies.
    9. repec:zbw:rwirep:0065 is not listed on IDEAS
    10. Thomas Melonio & Xavier Timbeau, 2006. "L'immatérielle richesse des nations," Revue de l'OFCE, Presses de Sciences-Po, vol. 97(2), pages 329-363.
    11. Longhi, Simonetta & Brynin, Malcolm, 2006. "The wage effects of graduate competition," ISER Working Paper Series 2006-58, Institute for Social and Economic Research.
    12. Santiago Budria, 2010. "Schooling and the distribution of wages in the European private and public sectors," Applied Economics, Taylor & Francis Journals, vol. 42(8), pages 1045-1054.
    13. repec:prg:jnlpep:v:preprint:id:686:p:1-19 is not listed on IDEAS
    14. repec:hal:wpspec:info:hdl:2441/1754 is not listed on IDEAS
    15. Denis Maguain, 2007. "Les rendements de l'éducation en comparaison internationale," Économie et Prévision, Programme National Persée, vol. 180(4), pages 87-106.
    16. Middendorf, Torge, 2008. "Returns to Education in Europe – Detailed Results from a Harmonized Survey," Ruhr Economic Papers 65, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    17. repec:hal:spmain:info:hdl:2441/1754 is not listed on IDEAS
    18. Blázquez, Maite & Ramos, Jose, 2008. "Recent Investments in Human Capital and its Effect on the Chances of Escaping from Low-Paid Jobs: The Spanish Case," Working Papers in Economic Theory 2008/03, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    19. Giuseppe Folloni & Giorgio Vittadini, 2010. "Human Capital Measurement: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 24(2), pages 248-279, April.
    20. repec:spo:wpecon:info:hdl:2441/1754 is not listed on IDEAS
    21. Martina Mysikova & Jiri Vecernik, 2015. "Returns to education in transition and advanced European countries: The role of an expansion of higher education," Investigaciones de Economía de la Educación volume 10, in: Marta Rahona López & Jennifer Graves (ed.), Investigaciones de Economía de la Educación 10, edition 1, volume 10, chapter 44, pages 865-886, Asociación de Economía de la Educación.
    22. Martina Mysíková & Jiří Večerník, 2019. "Returns to Tertiary Education in Western and Eastern Europe," Prague Economic Papers, Prague University of Economics and Business, vol. 2019(1), pages 30-48.
    23. Austria Carlos, Marco Antonio & Venegas-Martínez, Francisco, 2011. "Rendimientos privados de la educación superior en México en 2006. Un modelo de corrección del sesgo por autoselección," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(310), pages 441-468, abril-jun.
    24. Torge Middendorf, 2008. "Returns to Education in Europe – Detailed Results from a Harmonized Survey," Ruhr Economic Papers 0065, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    25. Castelló-Climent, Amparo & Mukhopadhyay, Abhiroop, 2013. "Mass education or a minority well educated elite in the process of growth: The case of India," Journal of Development Economics, Elsevier, vol. 105(C), pages 303-320.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ura:ecregj:v:1:y:2018:i:3:p:791-805. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Naydenov (email available below). General contact details of provider: http://www.economyofregion.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.