Investment in Human Capital as a Factor of Growth of the Gross Regional Product

DOI

10.2991/aebmr.k.201215.041How to use a DOI?

Keywords

macroeconomic indicators, gross regional product, region, development trends, investment, human capital

Abstract

The article is devoted to the study of investments in human capital of the Belgorod region for 2010-2019 and the identification of its share in the gross regional product of this territory. As a characteristic of human capital expenditures, we consider expenditures on education, health care, and the average monthly nominal accrued salary. The structure of human capital is presented, which consists of such elements as the contribution of a region or country to the level of education, professional training and competence, health, and so on. The aspects of human capital, which depend on the institutional, financial and economic, digital, demographic, socio-mental, environmental, and production factors, influence on the entire economy of the region are revealed. Authors states that in modern conditions of instability, the growth of the country’s economy largely depends on how much money the state invests in human capital, which is one of the most important components of modern productive capital.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Marina Vladyka
AU  - Elena Stryabkova
AU  - Aleksandr Mamatov
AU  - Elena Gorbunova
PY  - 2020
DA  - 2020/12/17
TI  - Investment in Human Capital as a Factor of Growth of the Gross Regional Product
BT  - Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)
PB  - Atlantis Press
SP  - 193
EP  - 197
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201215.041
DO  - 10.2991/aebmr.k.201215.041
ID  - Vladyka2020
ER  -