EVALUATION OF THE EFFECTIVENESS OF INVESTMENTS INTO HUMAN CAPITAL AT THE MACRO LEVEL
Journal Title: Journal of Economic Research & Business Administration - Year 2024, Vol 148, Issue 2
Abstract
This article is devoted to the study of the problem of evaluating the effectiveness of financing the education sector as an important industry that contributes to the creation of conditions for accelerated economic growth. In the context of the formation and development of an innovative economy, investments in education are of a priority nature and provide an important competitive advantage from a strategic point of view - the accumulation and development of the country's intellectual potential. At the same time, an increase in investment in education does not mean an increase in the effect and cannot guarantee an increase in the quality of educational services. Therefore, one of the topical issues in the implementation of investments in the industry is the evaluation of their effectiveness. The formation of a methodology for evaluating the effectiveness of investment in education at the macro level is based on a comparison of changes in national investment in education and changes in the human development index. Approbation of the proposed method is carried out on a specific example. This article analyzes the works of the classics of philosophy and economics, monographs, scientific and technical research, and articles by foreign and domestic scientists on the analysis and evaluation of the effectiveness of investments in human capital. The results of this study raise an important question for theoretical economists: what the mechanism by which human capital is affects economic growth, how to model the relationship between the stock of human capital, capital, and technological progress, as well as the law of accumulation of human capital in the model.
Authors and Affiliations
R. E. Janshanlo, O. Yu. Kogut, E. A. Aktureeva , Zh. K. Kupenova
Keywords
Related Articles
- EP ID EP740528
- DOI 10.26577/be.2024-148-b2-07
- Views 40
- Downloads 1
Research of marketing attribution and data visualization using Google Analytics
The formation of user paths on the way to conversion, customer touch points with the brand, funnel and their evaluation are current issues in the field of marketing. Despite the rapid spread of technology, there are stil...
Research of the problem of food security in the context of the volatility of the external environment: bibliometric analysis
At present, especially in conditions of instability and uncertainty, the issues of food security, food independence of the country are becoming more and more relevant, and the solution of this problem is one of the m...
The role of sports facilities in the development of mass sports in Kazakhstan: statistical analysis
The number and accessibility of sports facilities impacts the development of mass sports and a healthy lifestyle in Kazakhstan. In this regard, the purpose of this study is to analyze the current state of the sports infr...
ANALYSIS OF THE LEVEL OF POVERTY IN THE REGIONS OF KAZAKHSTAN
The purpose of this study is to identify trends and specifics of the level of poverty in Kazakhstan and give recommendations for reducing its level. The relevance of the study is due to the development of poverty in Kaza...
Identification of the assets of a tourist destination from the point of view of residents
The process of brand formation during its viability began with goods and services and continued in the marketing of states. The formation of national brand by the states has acquired a sectoral character. Including the c...