Influence of social factors on the reproduction of human capital

Abstract

Purpose: Exploring the problems of human capital formation at the present stage of development of the Russian economy, the authors consider it expedient to analyze the theory and practice of the influence of socio-economic factors on the formation of personnel potential. Design/Methodology/Approach: The following methods were used by the authors: historical, statistical-economic, monographic. Findings: The authors revealed that the quality of life and income level is more reflected in the desire of the population to choose as a permanent place of residence - rural areas. Practical implications: The analysis of incomes as a fundamental factor influencing the formation of human capital indicates that considerable human capital has been formed in the agricultural sector, which is not fully utilized due to the low material interest of the rural population. Originality/Value: The article discusses a number of factors influencing the formation of human capital in agriculture. The authors indicated that the level of wages depends on the geographical distance of the regions from the federal center and climatic conditions.