Analysis of methodological approaches to determination and assessment of the human capital

S. B. Reshetnikov () and M. R. Skirdov ()

Russian Journal of Industrial Economics, 2017, vol. 10, issue 1

Abstract: In the modern conditions of the economic recession and western sanctions the question of cardinal paradigm shift of Russia development is particularly acute, transition to the new principles of strategic planning of spatial development which cornerstone high quality of life of the population and high quality of a national human capital are very necessary. Russia needs the complex and system concept of the development strategy for the Russian national human capital and increase of its quality.The article analyzes the methodological approaches to the definition of human capital and the methods for calculating this indicator. The authors consider the key aspects of the development of human capital theory, evaluating the contribution of classical scholars who participated in the development and creation of the concept. The most widespread approach of the human capital is based on the experience of international and national organizations such as the UNO, WEF, OECD and Analytical Centre under the Government of the Russian Federation. The main steps of development, sources of forming are allocated and classification of types of a human capital is presented.Special attention is paid to the consideration of the method of calculating the human capital index Due to the rapidly changing conditions of the external and internal environment a particular interest arouse indicators involved in the calculation methods.The evaluation method of the UNO human capital development level through the calculation of the human development index (its components and values) is more attentively scrutinized. Advantages and disadvantages of different approaches in determining the human capital development level are considered.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ach:journl:y:2017:id:539

DOI: 10.17073/2072-1633-2017-1-059-066

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