bgscience@idbg.ru
+7 495 648 62 41 Russia, 127015, Moscow, Novodmitrovskaya st. 5A (b. 7)
Menu

Switch to Russian:to Russian

Macroeconomic assessment of the impact of education on production volumes in the regions of Russia


Aleksey Koritskiy
(about the author)

Koritskiy Aleksey Vladimirovich – Cand. of Econ.Sci., assistant professor, Siberian University of Consumer Cooperatives

Published in:
Creative Economy
– № 6 / June, 2009



Keywords: education externalities, expansion of the production function, human capital


Citation:
Aleksey Koritskiy (2009). Macroeconomic assessment of the impact of education on production volumes in the regions of Russia. Creative Economy, 3(6), 68-77. — url: http://bgscience.ru/com/lib/63


Share:

Abstract:

The article deals with the extended neoclassical model of production that is used to assess the impact of factors of production volume of gross regional product in Russia. Empirical evaluation of the model parameters is performed with the help of «balanced» linear regression. The calculations show a substantial (from 43 to 65%) contribution to education in explaining the variation in gross regional product per worker in Russia's Regions in 1999-2006.







References:
1. Sianesi B., and Van Reenen J. (2002) The Returns to Education: A Review of the Empirical MacroEconomic Literature. The Institute for Fiscal Studies, IFS, WP02/05, March 2002. p.2.; de la Fuente, A. and A. Ciccone «Human capital in a global and knowledge-based economy», Report for European Comission, May 2002, pp.3-4.
2. Barro R. (1997) Determinants of Economic Growth: A Cross-Country Empirical Study, Cambridge, MA MIT Press; Bassamini, A. and Scarpetta, S. (2001) The Driving Forces of Economic Growth: Panel Data Evidence for OECD Countries, OECD Economic Studies, 33, 9-56; Benhabib, J. and Spigel, M. (1997) The Role of Human Capital in Economic Development: Evidenc from Aggregate Cross-Country Data, Journal of Monetary Economics, 34, 143-73.
3. Hanushek, E.A. and Kimko, D. (2000) Schooling, Labor Force Quality, and the Growth of Nations, American Economic Reviev, 90, 1184-1208; Klenow, P. and Rodriquez-Clare, A. (1997) The Neoclassical Revival in Growth Economics: Has it Gone Too Far? NBER Macroeconomics Annual; Templ, I. (2001) Growth Effects of Education in OECD Counries, 33, 57-101.
4. Gimpelson V., Lukyyanova A. O bednom byudzhetnike zamolvite slovo…: mezhsektornye razlichiya v zarabotnoy plate // Voprosy ekonomiki. 2006. №6.
5. Gimpelson V., Gorbacheva T., Ka pelyushnikov R i dr. Formirovanie zarabotnoy platy: vzglyad skvozy prizmu professiy». Voprosy ekonomiki. 2007. №10.
6. Koritskiy A.V. Makroekonomicheskaya otsenka sotsialnoy normy otdachi obrazovaniya // Kreativnaya ekonomika. 2007. №12. 2008. №1.; Koritskiy A.V. Otsenka vliyaniya urovnya obrazovaniya rabotnikov, zanyatyh v ekonomike regionov, na ikh dokhody // Prikladnaya ekonometrika. 2008. №2. Koritskiy A.V. Sotsialnaya otdacha i eksternalii obrazovaniya v ekonomike Rossii // Kreativnaya ekonomika. 2008. №10.
7. Hall R. E., Jones Ch. I. Why do some countries produce so much more output per worker than others? NBER Working Paper Series, Working Paper 6564, May 1998; Caselli F, Accounting for Cross – Country ncome Differences, CEP Discussion Paper N 667, January 2005.
8. Bils M., Klenov P.J., Does Schooling Cause Growth or the Other Way Around?, NBER Working Paper Series, Working Paper 6393, February, 1998.
9. Mayburov I. Effektivnosty investirovaniya v chelovecheskiy kapital v SShA i Rossii // MeiMO, 2004, №4.
10. Psacharopoulos G., Patrinos H,A. Returns to Investment in Education: A Further Update. The World Bank, Policy Research Working Paper, 2881, September, 2002.
11. Education at a Glance 2008/ OECD Indicators/ (Elektronnyy resurs) – Elektron. dan. - Rezhim dostupa: www.oecd.org/edu/eag2008.