Human Capital Development as a Basis for Economic Growth
Elena E. Noeva1, Marina V. Solovyanova2, Pavel B. Lukyanov3, Anastasia E. Malkhasyan4, Galina V. Glazkova5, Anna A. Tubalets6
1Elena E. Noeva, North-Eastern Federal University named after M.K. Ammosov (NEFU), Yakutsk, Russian Federation
2Marina V. Solovyanova, Southwest State University, Kursk, Russian Federation
3Pavel B. Lukyanov, Financial University under the Government of the Russian Federation, Moscow, Russian Federation
4Anastasia E. Malkhasyan, Don State Technical University, Rostov-on-Don, Russian Federation
5Galina V. Glazkova, Financial University under the Government of the Russian Federation, Moscow, Russian Federation
6Anna A. Tubalets, Kuban State Agrarian University named after I.T. Trubilin, Krasnodar, Russian Federation
Manuscript received on November 18, 2019. | Revised Manuscript received on 27 November, 2019. | Manuscript published on December 10, 2019. | PP: 5094-5099 | Volume-9 Issue-2, December 2019. | Retrieval Number: B6898129219/2019©BEIESP | DOI: 10.35940/ijitee.B6898.129219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Purpose. Studying the problems that impede economic growth, the authors consider it appropriate to consider the relationship between household income and gross domestic product. Design/Methodology/Approach: The following research methods were used: historical, statistical-economic, and monographic. Findings. The authors have revealed that the level of income of the population affects a number of macroeconomic indicators. The practical implications. An analysis of income, as a fundamental factor affecting the formation of human capital, indicates that significant human capital has been formed in the agricultural sector, which is not fully used due to the low material interest of the rural population. Originality/value: The article considers a number of factors that directly and indirectly affect economic growth.
Keywords: Agriculture, Gini Coefficient, Economic Growth, Import, Import Substitution, Factors, Human Potential, Education, Digital Economy, Human Capital
Scope of the Article: Agricultural Informatics and Communication