Open AccessEconometric modeling of economic factors’s impact on the labor force per capita
Author(s) -
E Ju Liskina,
Е И Давыдова
Publication year - 2021
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1784/1/012003
Subject(s) - per capita , economics , econometric model , demographic economics , population , panel data , econometric analysis , human capital , per capita income , econometrics , labour economics , demography , economic growth , sociology
In this article, we study the impact of a number of economic factors on the number of workers per capita. We use the panel data analysis method. We found that the best model is the one with fixed effects. We have identified the factors that have the most significant impact on the explanatory variable. The number of vacancies per capita, the capacity of outpatient clinics and the number of university students per capita have a positive statistically significant effect on the labor force per capita. The capital-labor ratio, the population per doctor and the total living space per inhabitant on average have a negative statistical effect on the labor force per capita. The values of individual effects of the regions were positive.