Title
The latest transition of manufacturing agricultural production as a result of a unique generation of human capital in new economic conditions
Abstract
This paper studies problems in human capital formation at the present stage of World economic development. The authors conduct a correlation and regression analysis of the dependence of financial indicators of agricultural organizations and enterprises with workers’ qualifications. The results suggest that the qualifications of workers significantly affect the financial stability of agricultural enterprises, and that state authorities and businesses often fail to place sufficient emphasis on improving the qualification level of employees. The study shows that the degree of acceleration of human capital of employees affects cost efficiency, net profit, gross revenue, and other resulting indicators. The following methods were used in the research: monographic, statistical-economic, and correlation and regression analysis.
Keywords
human capital, resulting indicator, cost efficiency, net profit, revenue, profitability
JEL classifications
O15 , O47 , Q13
URI
http://jssidoi.org/jesi/article/662
DOI
Pages
929-944
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