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Regional Economics: Theory and Practice

A system of indicators to assess the value of human capital under the influence of interregional migration processes

Vol. 19, Iss. 3, MARCH 2021

Received: 28 December 2020

Received in revised form: 21 January 2021

Accepted: 5 February 2021

Available online: 15 March 2021


JEL Classification: J24, О15

Pages: 539–562


Nikolai N. MINAEV Tomsk State University (TSU), Tomsk, Russian Federation


Ekaterina А. ZHAROVA Tomsk State University (TSU), Tomsk, Russian Federation


Subject. This article discusses the issues of human capital accumulation.
Objectives. The article aims to develop a system of indicators for assessing the value of human capital, taking into account the impact of interregional migration processes.
Methods. For the study, we used the methods of analysis, synthesis, modeling, indicative planning, some mathematical methods, and the systems approach.
Results. The article identifies factors that influence the changes in the accumulation and quality of human capital, and it presents developed parameters for assessing regional human capital with thresholds that help classify regions.
Relevance. The results of the study can be used by the executive authorities when developing strategic planning documents and regulating migration flows. This will help balance the regional development and reduce the level of differentiation of regions.

Keywords: human capital accumulation, indicators, economic development of regions


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