METHODICAL ISSUES OF THE DATABASE CONSTRUCTION FOR THE DYNAMIC INPUT-OUTPUT MODEL WITH A HUMAN CAPITAL BLOCK

Abstract

Economic models are constantly being developed and dynamic input-output models are not the exception. Scientists from different countries are working on construction of extended IO models. One of the topical direction of the extension is an including of a human capital block to the models. The extended IO model with a human capital block requires a development of the special database. At the article some methodical issues of preparing the data for the extended dynamic input-output model with a human capital block are discussing. The data derived will allow to continue calculations with the extended model. It will help to use the model to forecast more efficiently development and growth of Russian economy.

Keywords

• input-output analysis
• dynamic input-output model
• human capital