ORIGINAL ARTICLE
HUMAN CAPITAL EVALUATION AND CAPITALISATION SPECIFIC
TO RURAL AREAS OF UKRAINE
			
	
 
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				Economy and Policy of Agrarian Transformations, Institute for Economics and Forecasting NAS of Ukraine
				 
			 
										
				
				
		
		 
			
			
		
		
		
		
			
			 
			Online publication date: 2020-03-31
			 
		 		
		
			
			 
			Publication date: 2020-03-31
			 
		 			
		 
	
							
					    		
    			 
    			
    				    					Corresponding author
    					    				    				
    					Olena  Borodina   
    					Economy and Policy of Agrarian Transformations, Institute for Economics and Forecasting NAS of Ukraine
    				
 
    			
				 
    			 
    		 		
			
												 
		
	 
		
 
 
Economic and Regional Studies 2020;13(1):58-69
		
 
 
KEYWORDS
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ABSTRACT
Subject and purpose of work: Human capital is one of the key drivers of rural economic development. 
The purpose of this paper was to study the main assets of human capital in rural areas and to evaluate 
this human capital; to identify development trends and devise the recommendations for increasing the 
impact of human capital in Ukraine’s rural areas on individual incomes and economic growth. Materials and methods: The research focuses on evaluating the key assets of human capital in the 
rural areas of Ukraine – educations, health, qualifications, age and the integral evaluation of rural human 
capital. The data was gathered by random surveys of household living conditions conducted by the State 
Statistics Committee of Ukraine. Annual surveys cover 10,500 households. Results: Results demonstrate that there were positive dynamics under the education component, while 
the health component was constantly in decline. The quantitative scoring of assets allowed preparing an 
integrated evaluation of human capital in rural areas of Ukraine and observing the dynamics of change in 
years. This indicator had declined before 2008. A decrease in the level of rural human capital in Ukraine 
started with the activation of large-scale agri-business in the late 1990s. Since 2009, human capital in 
rural areas has been increasing. The dynamics of human capital development in the rural areas of post-
Euromaidan Ukraine demonstrate the specific nature of its capitalisation. Profit per human capital in 
rural areas depends not on its rate but on the human capital (holder) employment profile. Conclusions: Received  evaluations  could  be  used  for  separation  of  priority  state  policy  actions  for 
balanced development, quantitative renovation and accumulation of human capital in rural areas.
		
	
		
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