Development of a tool for assessing the human capital of the world's countries using correlation and regression analysis

Pavel Gurianov

doi:10.26118/2782-4586.2025.63.16.035

UDC

330

DEVELOPMENT OF A TOOL FOR ASSESSING THE HUMAN CAPITAL OF THE WORLD'S COUNTRIES USING CORRELATION AND REGRESSION ANALYSIS Development of a tool for assessing the human capital of the world's countries using correlation and regression analysis

АА Аа

Published in JOURNAL OF MONETARY ECONOMICS AND MANAGEMENT · Pages 290–298 · Rubric: SCIENTIFIC ARTICLES

DOI: https://doi.org/10.26118/2782-4586.2025.63.16.035

Received: 03.10.2025 Accepted: 11.10.2025 Published: 11.10.2025

Authors

Pavel Gurianov

ORCID

Pavel Gurianov

Academic degree: candidate of economic sciences

Science rang: docent

Baltic Institute for the Humanities nauchnyy sotrudnik · Russian Federation · St. Petersburg

ORCID

ABSTRACT

The article is an overview of an econometric study of the influence of various factors, primarily the level of innovation and human capital on economic growth in the global economy. The limitation of this study was the availability of initial data on the human capital index, data are collected by the World Bank on an irregular basis, the latest data were estimated only in 2020. As a result of a systematic analysis, indicators of the influence of factors on economic growth were identified both on the basis of a linear model and a logline model. The greatest influence is the human capital factor. For the rest of the model factors, the relationship is not unique and additional calculations are required. Due to the results obtained, state bodies need to increase more cash injections into the domestic education and science system.

KEYWORDS

drivers of economic growth, Human Capital Index, innovation, innovation environment, econometric modeling, degree of influence

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JATS XML

Editor-in-Chief, editorial board chair

GOST

Gurianov P. A. Development of a tool for assessing the human capital of the world's countries using correlation and regression analysis // . 2025. pp. 290-298. DOI: https://doi.org/10.26118/2782-4586.2025.63.16.035. (Date of access 19.08.2026).

MLA

Pavel Gurianov. "Development of a tool for assessing the human capital of the world's countries using correlation and regression analysis." (2025): 290-298. DOI: https://doi.org/10.26118/2782-4586.2025.63.16.035.

APA

Gurianov P. A. (2025). Development of a tool for assessing the human capital of the world's countries using correlation and regression analysis. , 290-298. https://doi.org/10.26118/2782-4586.2025.63.16.035

Chicago

Pavel Gurianov. "Development of a tool for assessing the human capital of the world's countries using correlation and regression analysis." , no. (2025): 290-298. https://doi.org/10.26118/2782-4586.2025.63.16.035.

WIKI

{{cite journal | author = Gurianov P. A. | title = Development of a tool for assessing the human capital of the world's countries using correlation and regression analysis | journal = | year = 2025 | pages = 290-298 | doi = 10.26118/2782-4586.2025.63.16.035 }}

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DEVELOPMENT OF A TOOL FOR ASSESSING THE HUMAN CAPITAL OF THE WORLD'S COUNTRIES USING CORRELATION AND REGRESSION ANALYSIS Development of a tool for assessing the human capital of the world's countries using correlation and regression analysis

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