Page 86 - Theoretical and Practical Interpretation of Investment Attractiveness
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Here,
О р - price (price) of an employee (labor resource) in value terms, in a conventional
monetary unit;
P d – per capita income consumed during the year, in monetary units;
20 – the average age of a worker entering active work;
Z f – real average annual wage, in monetary units;
In t – benefits and benefits paid per capita during the year, in monetary units.
According to reports published by the World Bank, the lifespan of “human capital”
and all other elements of national wealth (resources) is 25 years, and their annual
depreciation rate is 4 percent 121 .
Summarizing the ideas presented above, we can say that the labor potential of a region
is understood as the economically active part of the population, which manifests itself as the
supply of labor for the production of goods and services. The process of hiring and exchanging
labor resources for the production of goods and services is carried out on the regional labor
market.
The territorial labor market is a system in which the employee-employer relationship
and all processes are realized, in particular the demand for labor, the price of labor,
employment, job creation, production reduction, layoffs, closure of enterprises, and the
emergence of the unemployed. complex system associated with arrival.
A man is really alive only when he delights in the good-will
of others. Goethe
2.4. National longitude: analysis of the volume of investment in fixed assets
Of particular importance are the role of regions in ensuring the economic development
of the country, the range of measures implemented there, the conditions created for
entrepreneurship, and the development of institutional structures that serve to ensure
competitiveness. The annual growth of the gross domestic product in the economy ensures an
increase in the incomes of the employed population, an increase in the profits of enterprises
and funds flowing into the state budget. Increased income, in turn, serves to increase demand
for goods and services. The direct connection between the wealth created in the regions and
the growth of the country's economy has been proven by research scientists through
econometric analysis.
A higher change in national income compared to natural population growth ensures an
increase in per capita income. On the one hand, the conditions created for small businesses
and private entrepreneurship in the regions, the economic policy pursued by the state based
on the principle of fairness, as well as the correct and effective implementation of regional
121 http://www.worldbank.org
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