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Financing of the Russian Education and Science: Inputs of Institutional Sectors of the Economy

Author

Listed:
  • Dmitry V. Didenko

    (State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank), Moscow 107078, Russia)

Abstract

In the context of human capital theory the author examines long-term trends in level and structural dynamics of financing Russian education system, and research and development (R&D) from various institutional sectors of the national economy. The findings are compared with those for reference countries. The conclusion is stated that in present time priorities are shifting to stimulating provision of funds by financial institutions for student loans to households and by corporate sector for R&D.

Suggested Citation

  • Dmitry V. Didenko, 2014. "Financing of the Russian Education and Science: Inputs of Institutional Sectors of the Economy," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 111-122, March.
    • Handle: RePEc:fru:finjrn:140112:p:111-122
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    More about this item

    Keywords

    human capital; investments; modernization; education; research and development; knowledge production; socio-economic development; state budget; enterprises; households;
    All these keywords.

    JEL classification:

    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid

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