Diferentiaton of regions according to the value of human capital

Author(s):  V.L. Anichin, Belgorod State Agricultural University named after V. Gorin, Belgorod, Russia, vladislavanichin@rambler.ru

Yu.Yu. Vashcheykina, Belgorod State Agricultural University named after V. Gorin, Belgorod, Russia, ula210784@yandex.ru

Issue:  Volume 44, №23

Rubric:  Regional and municipal economy

Annotation:  Differentiation of social-economic development of regions occurs due to the uneven distribution of production factors, including human capital. To visualize the spatial distribution of human capital requires the use of an objective summary measure. Such measure is the cost of human capital, estimated by analogy with physical capital and income. The ability of human capital to generate income is the main feature in the study of regional differentiation, since it is a property of human capital has a direct impact on the socio-economic development of the regions. The analysis of differentiation of regions according to the value of human capital it is advisable to perform, in terms of total value of human capital and relative value calculated per one employee in the region. This allows you to implement a comprehensive approach. In the first case, the appropriate measure of differentiation of the regions is the HerfindahlHirschman index, the second – relative standard deviation. The Herfindahl-Hirschman index has grown from 2010 to 2015 from 0.300 to 0.329, indicating an increase in differentiation and concentration the absolute human capital in the Central Federal district. It is occurs an increase in the share of Voronezh, Kaluga, Moscow, Tambov, Tula regions, and especially the city of Moscow in the structure of human capital of the Central Federal district. In these same regions that have seen the largest absolute growth in the value of human capital. The relative standard deviation, calculated according to the individual value of human capital, amounted at the end of 2010 37.26% and 37.31% by the end of 2015, which suggests the existence of significant differences between regions in the level of individual human capital. Small growth of the relative standard deviation the individual human capital's against the background of growth of differentiation of the absolute value of human capital indicates the significant role of demographic factors in the distribution of human capital between regions

Keywords:  human capital; valuation; differentiation of regions

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