Abstract
Purpose: A sample survey of households in the Volgograd region was conducted to estimate the volume and structure of invested funds in the basic components of the human capital of children aged 0–10 years.
Design/Methodology/Approach: The children belong to generations born consecutively in different years at 5-year intervals: 2014–18, 2009–13, 2004–08, 1999–03 and 1994–98, i.e. for the period of 25 years. If at the survey time children were already over 10 years old, then household spending were accounted only until the children reached 10 years of age. The expectations of parents (and other older relatives), the forms, volumes and terms of the return on investment were also analyzed. Mass questionnaire and in-depth interviews were used as the methods of collecting primary information. In addition, data of official state, regional, sectoral and departmental statistics were collected, processed and analyzed. This is done in relation to other levels of investing in the human capital of children. These levels include all subjects other than the household, from small business to the state. Official statistics, in-depth and expert interviews were used as information sources here.
Findings: Main result is the set of indicators for a complex evaluation of the investment efficiency in the human capital of children.
Originality/Value: Positive and negative values of these indicators were obtained on its basis. It was performed for a specific socio-economic situation: investing in the human capital of children aged 0–10 years in contemporary Russia by the example of its typical region.
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Acknowledgments
The article was prepared with the financial support of the RFBR and the Administration of the Volgograd Region as part of the research project No. 18-410-340003 (r_a) “Assessing the effectiveness of investments to the human capital of children in contemporary Russia”.
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Antonenko, V.V., Ponomareva, L.V. (2020). The Effectiveness Estimating of Investments in Human Capital of Children (on Example of the Volgograd Region). In: Inshakova, A., Inshakova, E. (eds) Competitive Russia: Foresight Model of Economic and Legal Development in the Digital Age. CRFMELD 2019. Lecture Notes in Networks and Systems, vol 110. Springer, Cham. https://doi.org/10.1007/978-3-030-45913-0_30
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