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Personnel Potential of National Economy and Gross Domestic Product - The Case of Ukraine

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  • Mykhailo Luchko
  • Oksana Arzamasova
  • Iryna Vovk

Abstract

In today's conditions characterized by the rapid development of science and technology, the implementation of their achievements in all spheres of public life, it is extremely important to predict which industries will be actively developing, which will give rise to new technologies, products, management practices and what new specialists will need. Therefore, for the effective management of human resources at the state level, it is necessary to know clearly how many and what specialists to prepare and what skills and abilities they need to possess in order to be in demand in the new economy. The purpose of the study is to identify opportunities for planning the development of the human resource potential of the economy and to study the impact on the country's gross domestic product (GDP) of this indicator. In this study, the dynamics and predicted values of GDP and indicators characterizing the human potential are investigated. The factor model of the dependence of the total GDP on the determined factors is constructed. The model showed the main factor affecting the resulting indicator.

Suggested Citation

  • Mykhailo Luchko & Oksana Arzamasova & Iryna Vovk, 2019. "Personnel Potential of National Economy and Gross Domestic Product - The Case of Ukraine," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 15(2), pages 59-70.
    • Handle: RePEc:mje:mjejnl:v:15:y:2019:i:2:59-70
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    1. Donald D. Bergh & Herman Aguinis & Ciaran Heavey & David J. Ketchen & Brian K. Boyd & Peiran Su & Cubie L. L. Lau & Harry Joo, 2016. "Using meta-analytic structural equation modeling to advance strategic management research: Guidelines and an empirical illustration via the strategic leadership-performance relationship," Strategic Management Journal, Wiley Blackwell, vol. 37(3), pages 477-497, March.
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    Cited by:

    1. Mykhailo LUCHKO & Stanisław SZMITKA & Yuriy PYNDA & Lyudmyla KUTS, 2020. "Expert Analysis And Impact Assessment Of The Construction Sector Enterprises On The Economy: The Experience Of Ukraine," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 133-144, June.

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