Comparative Assessment of the Human Capital Impact on the Population Income in the European and Asian Regions of Russia

Abstract

The relevance of the study is explained by the link between economic growth and investment in human capital.The purpose of the study is a comparative analysis of the dynamics of the return of physical and human capital in the European and Asian regions of Russia.Materials and methods. In the article, the authors use the extended Cobb-Douglas production function and conduct a regression spatial analysis based on data of the official Russian statistics.Results. There are estimates of the relationship between the income of the population of regions with the number of employed, with the volume of fixed assets of regions and human capital; the wage fund of the population of regions with the number of employed, with the volume of fixed assets of regions and human capital, the elasticity coefficients are justified. The authors analyzed and interpreted the values of the elasticity coefficients. In particular, the coefficients of elasticity of household income by fixed assets for Asian and European regions tend to decrease; the authors explain this by the low level of investment in the renewal of fixed capital at enterprises. The coefficients of elasticity of income of the population by the number of people employed in the economy of the regions are noticeably higher and tend to increase. At the same time, human capital has a stronger impact on the income of the population than fixed assets and the number of

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人力资本对俄罗斯欧亚地区人口收入影响的比较评估

经济增长与人力资本投资之间的联系解释了该研究的相关性。本研究的目的是对俄罗斯欧洲和亚洲地区物质和人力资本回报的动态进行比较分析。材料和方法。本文采用扩展的Cobb-Douglas生产函数，对俄罗斯官方统计数据进行回归空间分析。估算了地区人口收入与就业人数、地区固定资产规模和人力资本之间的关系;各地区就业人口的工资基金与各地区固定资产规模和人力资本的弹性系数都是合理的。对弹性系数的取值进行了分析和解释。特别是，亚洲和欧洲地区家庭固定资产收入弹性系数呈下降趋势;作者用企业固定资本更新投资水平低来解释这一现象。各区域经济中就业人数对人口收入弹性系数的影响明显较高，并有增加的趋势。同时，人力资本对人口收入的影响强于固定资产和

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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