The influence of the quality of human capital on the efficiency of Kazakhstan's economy

 
PIIS020736760005422-3-1
DOI10.31857/S020736760005422-3
Publication type Article
Status Published
Authors
Affiliation: S. Seifullin Kazakh AgroTechnical University
Address: Kazakhstan
Affiliation:
Address: Kazakhstan
Journal nameObshchestvo i ekonomika
EditionIssue 6
Pages45-59
Abstract

Among the current trends in the development of human capital in Kazakhstan, investments in health care appear to have the most significant connection with the efficiency of national economy. As for the costs of professional training, investments in vocational schools are relatively more effective. So far, investments in higher professional education have not had serious and tangible impact on Kazakhstan’s GDP. This fact indicates that the economy of Kazakhstan has not yet adopted an innovative character. The structure of the economy with a bias towards the commodity sectors does not objectively imply the pursuit of innovation. At the present-day stage of the development of vocational education, it is necessary to pay the greatest attention to the training of lower and middlelevel professionals, especially to technical specialties.

Keywordshuman capital, gross domestic product, efficiency of economy, expenses on professional education, expenses on health care, regression model.
Received24.06.2019
Publication date24.06.2019
Number of characters27185
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