The Features of Regional Human Capital Development

The article focuses on identifying the specifics of the relationship between human capital and the quality of economic development across regions and the world as a whole. The Human Capital Index (HCI) was used as an indicator of human capital development. GDP per capita as an objective indicator an...

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Main Author: Olena Stryzhak
Format: Article
Language:English
Published: University of Warsaw, Centre for European Regional and Local Studies (EUROREG) 2024-12-01
Series:Studia Regionalne i Lokalne
Subjects:
Online Access:https://studreg.uw.edu.pl/pl/archiwum,the-features-of-regional-human-capital-development
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author Olena Stryzhak
author_facet Olena Stryzhak
author_sort Olena Stryzhak
collection DOAJ
description The article focuses on identifying the specifics of the relationship between human capital and the quality of economic development across regions and the world as a whole. The Human Capital Index (HCI) was used as an indicator of human capital development. GDP per capita as an objective indicator and the Happiness Rating as a subjective indicator were used to display the quality of economic development. The panel sample includes data for 140 countries for 2020. The study showed that there are significant regional differences both in the values of the analysed indicators and in their distribution among the groups. The research also revealed that the relationship between the indicators ranged from a strong positive in some cases to a negative or no correlation in others. It was concluded that there are inter-regional differences in human capital development.
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publishDate 2024-12-01
publisher University of Warsaw, Centre for European Regional and Local Studies (EUROREG)
record_format Article
series Studia Regionalne i Lokalne
spelling doaj-art-956a3add225340288b9c2739eee2a7a22025-01-22T08:55:38ZengUniversity of Warsaw, Centre for European Regional and Local Studies (EUROREG)Studia Regionalne i Lokalne1509-49952719-80492024-12-01Special Issue183010.7366/15094995S2402The Features of Regional Human Capital DevelopmentOlena Stryzhak0https://orcid.org/0000-0002-9367-9061Simon Kuznets Kharkiv National University of Economics, Department of Entrepreneurship, Trade and Tourism Business, 9a Nauka Av., 61166 Kharkiv, UkraineThe article focuses on identifying the specifics of the relationship between human capital and the quality of economic development across regions and the world as a whole. The Human Capital Index (HCI) was used as an indicator of human capital development. GDP per capita as an objective indicator and the Happiness Rating as a subjective indicator were used to display the quality of economic development. The panel sample includes data for 140 countries for 2020. The study showed that there are significant regional differences both in the values of the analysed indicators and in their distribution among the groups. The research also revealed that the relationship between the indicators ranged from a strong positive in some cases to a negative or no correlation in others. It was concluded that there are inter-regional differences in human capital development.https://studreg.uw.edu.pl/pl/archiwum,the-features-of-regional-human-capital-developmenteconomic developmentregional developmenthuman capitalhuman capital indexgdp per capitahappiness rating
spellingShingle Olena Stryzhak
The Features of Regional Human Capital Development
Studia Regionalne i Lokalne
economic development
regional development
human capital
human capital index
gdp per capita
happiness rating
title The Features of Regional Human Capital Development
title_full The Features of Regional Human Capital Development
title_fullStr The Features of Regional Human Capital Development
title_full_unstemmed The Features of Regional Human Capital Development
title_short The Features of Regional Human Capital Development
title_sort features of regional human capital development
topic economic development
regional development
human capital
human capital index
gdp per capita
happiness rating
url https://studreg.uw.edu.pl/pl/archiwum,the-features-of-regional-human-capital-development
work_keys_str_mv AT olenastryzhak thefeaturesofregionalhumancapitaldevelopment
AT olenastryzhak featuresofregionalhumancapitaldevelopment