Economic Analysis: Theory and Practice
 

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State investments in children's health in contemporary Russia as a key element of human capital of children

Vol. 18, Iss. 4, APRIL 2019

Received: 25 December 2018

Received in revised form: 28 January 2019

Accepted: 19 February 2019

Available online: 26 April 2019

Subject Heading: ANALYSIS OF HUMAN CAPITAL

JEL Classification: J11, J24

Pages: 622–641

https://doi.org/10.24891/ea.18.4.622

Antonenko V.V. Volgograd State University (VolSU), Volgograd, Russian Federation
avv1@mail.ru

ORCID id: not available

Subject The article considers the efficiency of investments in children's human capital in modern Russia.
Objectives The purpose is to compare financial and non-financial indicators of State investments in children's health as an element of children’s human capital for recent 25 years on the one hand, and trends in quantitative and qualitative indicators of the health of the age group in question during the same period on the other hand.
Methods I collected and systematized relevant official data from different sources, and performed a statistical analysis of primary and grouped data.
Results Non-financial indicators of State investments in children's health over 1992–2016 have a clearly pronounced downward trend, although the financial figures for the same period show a marked upward trend. As a result, quantitative indices of children's human capital reproduction in modern Russia are improving, whilst qualitative ones are decreasing.
Conclusions It is necessary to perform at least a partial review of volumes and structure of investment in children, but only after these parameters are taken into account at other levels, including households. The findings may be used for social and economic policy formation, in particular, in the healthcare, rational use of human capital, and other sectors, and in the process of teaching some disciplines to students majoring in economics.

Keywords: human capital, investment efficiency, investment in children, official statistics

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