The Impact of Digital Human Capital on the Gross Product of Russian Regions

Student: Kolobov Pavel

Faculty: Faculty of Economics, Management, and Business Informatics

Educational Programme: Finance (Master)

Year of Graduation: 2020

This paper examines the impact of human capital, measured in digital skills of the labor force on the performance of regions of the Russian Federation, expressed in their gross products. Using data on job vacancies in Russian regions for the period 2005-2017, a panel vector autoregression model was constructed, the results of which indicated a positive impact of digital skills of workers on the gross product of the region. At the same time, a positive relationship is also observed in the inverse relationship between these indicators. Also, in this work, it was possible to confirm the poor explanatory ability of education indicators as proxy variables of human capital.

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