Krasnoselskaya D.Kh, Kochetkov S.M. The calculation of optimal ratio of physical and human capital accumulation rates: theoretical and practical aspects of «normative» parameters modeling

Abstract

A model to choose the optimal ratio of physical and human capital accumulation rates for the Republic of Bashkortostan on the basis of the benchmarking process is suggested in the article. The image of the region-analogue is represented by «normative» parameters of the region under consideration resulting from the internal benchmarking (self-diagnosis).

Keywords

Benchmarking, region analogue, human capital, physical capital.

Krasnoselskaya Dina Khadimovna – Postgraduate Student, Institute of Social-Economic Investigations USC RAS, Ufa, Bashkortostan. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it..

Kochetkov Sergey Mikhaylovich – Ph.D. (Phys.-Math.), Associate Professor, Belarusian State University, Minsk, Belorus. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it..

1. Bolli A., Emtairah T. Enviromental benchmarking for local authorities: from concept to practice. Enviromental issues report. January 2001.P. 64.

2. Guidelines on Progress Monitoring and Benchmarking. The Regional Environmental Center for Central and Eastern Europe. March 2007. P. 105.

3. Reilly R., Jencks C., Hedges C. NCHRP. Report 511. Guide for customer-driven benchmarking of maintenance activities. National cooperative highway research programme. Transportation research board of the national academies. P. 276. URL: http://onlinepubs.trb.org/onlinepubs/nchrp/nchrp_rpt_511.pdf.

4. Ekonomicheskoe prostranstvo: teorii i realii. [Economic space: theory and reality]. Ed. A.I. Tatarkin. Ufa state aviation technical university. Moscow: Economy, 2011, 374 р.

5. Mankiw G. W., Romer D., Weil D. N. A contribution to empirics of economic growth. The Quarterly Journal of Economics. 1999, vol. 107, no. 2, pp. 407-437.

6. Komarova A. V., Pavshok O. V. The Estimation of the Human Capital’s Impact into the Economic Growth of the Regions of Russian Federation (Using Mankiw – Romer – Wail’s Model). Bulletin of NSU. Series. Social-economic sciences. 2007, vol. 7, iss. 3, pp. 191-201.

Details: Published: 18 September 2015; Last Updated: 18 September 2015; Hits: 2261