SYSTEM BASIS FOR STUDYING THE INTERACTION OF NATIONAL AND INDIVIDUAL HUMAN CAPITAL
Journal Title: Baltic Journal of Economic Studies - Year 2017, Vol 3, Issue 4
Abstract
The objective of the paper is the systematisation of features of the display and study of human capital assets, depending on the level, where it functions and is transformed from one form to another, as well as the definition and evaluation of the basic cost parameters that reproduce the characteristics of this capital at different levels. Methodology. The study is built on the provisions and principles of the system approach and justified quantitative calculations of indicators of individual human capital carried out on the basis of statistics development of the Ukrainian economy during the period from 2002 to 2016. Results of the studies have shown that while the cost of individual human capital, having a generally positive trend of changes, increased almost fifteen times from 2002 to 2016, the efficiency of its use had a stable dynamics, changing annually by 18% at most. At the same time, the cost of using human capital did not exceed the bank lending rate. Practical implications. The final provisions and results of the study can be used to formulate a methodology for assessing human capital in the management of costs and personnel of enterprises, organizations, and institutions. Value/originality. The data obtained provide a better understanding of the processes of development and realization of the human potential of social and economic entities of any scale and national economy, as well as enterprises of Ukraine in particular.
Authors and Affiliations
Tetiana Fonarova, Vladimir Chernyak
Keywords
Related Articles
- EP ID EP635187
- DOI 10.30525/2256-0742/2017-3-4-265-270
- Views 87
- Downloads 0
IMPACT OF EUROPEAN INTEGRATION PROCESSES ON THE NECESSITY OF LONG-TERM BUDGET PLANNING INTRODUCTION IN UKRAINE
The Association Agreement between Ukraine and the European Union was ratified in September 2014. Ukraine has undertaken to implement and enforce EU standards, including in the financial sphere, which are regulated by int...
FORMATION OF FINANCIAL SECURITY OF THE ENTERPRISE BASED ON STRATEGIC PLANNING
The purpose of the study is to improve ways of forming financial security of the enterprise based onstrategic planning. The subject of the research: formation of financial security of the enterprise on the basis of strat...
FDI AND FINANCIAL DEVELOPMENT AS DETERMINANTS OF ECONOMIC GROWTH FOR V4 COUNTRIES
The purpose of the paper is to analyze the influence of foreign direct investment (FDI) and financial development (qualitative and quantitative changes in the financial system and its components) on the dynamics of econo...
INTERNATIONAL MONETARY FUND AND EAST ASIA: DEVELOPMENTS, CHALLENGES, AND LESSONS LEARNED
The article demonstrates that during the extended period of cooperation, the IMF’s activities have had both positive and negative impact on the development of economies of the East Asia region. On the one hand, the IMF i...
MANAGING ECONOMIC EFFECTIVENESS OF MARKETING IN TRANSNATIONAL COMPANIES
The purpose. The purpose of the study is a generalization of international experience with regard to marketing efficiency control and development of qualitative and quantitative methods to be implemented in the estimatio...