Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)

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Optimal Management of The Economic System of The Region Taking into Account The Dynamics of Human Capital

Authors
E. A. Saburova, K. V. Ketova, I. G. Rusyak
Corresponding Author
E. A. Saburova
Available Online January 2019.
DOI
10.2991/iscfec-18.2019.164How to use a DOI?
Keywords
optimal management, human capital, production capital, demographic dynamics, scientific and technical progress, socio-educational progress.
Abstract

The article presents the numerical algorithm of solving the optimal management problem for a regional economic system adjusted for demographic dynamics in the conditions of scientific and technical and socio-educational progress. Based on the model of a regional economic system, the optimal management problem is considered. The transfer equation is used to model the amount of human capital, which takes into account budgetary and private investments made in human capital compo-nents: education, healthcare and culture To solve the problem numerically, a software system has been developed, which includes a database of demographic and economic parameters of the Udmurt Re-public and implements a mathematical model of human capital dynamics, a fore-cast of demographic characteristics and an algorithm for solving the optimal man-agement problem for a regional economic system. As a result of solving the op-timal management problem, the optimal investment rates in human and production capital have been found, allowing the economic system to reach the trajectory of sustainable growth by 2022.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
January 2019
ISBN
978-94-6252-656-3
ISSN
2352-5428
DOI
10.2991/iscfec-18.2019.164How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - E. A. Saburova
AU  - K. V. Ketova
AU  - I. G. Rusyak
PY  - 2019/01
DA  - 2019/01
TI  - Optimal Management of The Economic System of The Region Taking into Account The Dynamics of Human Capital
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
PB  - Atlantis Press
SP  - 730
EP  - 733
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-18.2019.164
DO  - 10.2991/iscfec-18.2019.164
ID  - Saburova2019/01
ER  -