Human capital is the main public value

Morozov V.A.1
1 Московский государственный университет им. М.В. Ломоносова

Journal paper

Creative Economy (РИНЦ, ВАК)
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Volume 11, Number 2 (February 2017)

Citation:

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=28825579
Cited: 11 by 24.01.2023

Abstract:
The article examines the issues discussed by majority of economists of human capital which is now considered as one of the most important sources of endogenous long-term economic growth. At the present stage we stress that experience, skills and health are the main elements of human capital. The analysis confirms that the human development has recently become one of the main factors in the new growth models and development of national economic systems. According to this, there is a need to assess the impact of human capital on the rates of economic growth of the country and on the level of its socio-economic development.

Keywords: development, knowledge, state, capital, economics, value, skills, experience

JEL-classification: J24, O11, O15

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