ESTIMATING STATE FINANCIAL BENEFITS OF EDUCATION IN RUSSIA
A.V. Koritskiy1, I.N. Karelin2, V.A. Semenikhina2
1Novosibirsk State Technical University, Ave. K. Marksa, 20, Novosibirsk, 630073, Russia
2Novosibirsk State University of Architecture and Civil Engineering, Str. Leningradskaya, 113, Novosibirsk, 630008, Russia
Keywords: налоговые поступления, государственные расходы на образование, человеческий капитал, revenue from taxation, public expenditure on education, human capital
Subsection: SOCIETY AND ECONOMY: PROBLEMS OF DEVELOPMENT
Abstract
The authors focus on the issue of advantage of expenditure on education for the Russian budget. Expenditure on education has a positive effect on the development of science and technology and growth in personal income, which has been discussed by many contemporary economists. Regression analysis shows a positive relationship between education level and tax revenues of Russian regions’ consolidated budgets.
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