The impact of Covid-19 on the quality of human capital for the economic development of Azerbaijan

The impact of Covid-19 on the quality of human capital for the economic development of Azerbaijan

Ali Aga Ismayilzade, Shafa Guliyeva, Vusala Teymurova, Reyhan Azizova, Chinara Alishova

The study's purpose was to develop an approach to the empirical assessment of the impact on the quality of HC to the developing economy during the economic crisis on the example of Azerbaijan. To obtain quantitative assessments of the qualitative characteristics of human capital development, the questionnaire method has been used. Based on a survey of 7232 people (which has been carrying out for July-September 2017-2020 in the context of the economic regions of Azerbaijan) and the main components' method, the factors of the qualitative characteristics of the development of the HC was determined. Using the method of linear regression modeling, the fact statistically more level significant influence on the level of economic development of the country of qualitative indicators of the development of the HC has been determined than quantitative indicators during the economic crisis. An integral model of an empirical assessment of HC's qualitative development has been developed

2021

covid-19, Pandemic, crisis, economy, Quality, human capital, Azerbaijan

10.15549/jeecar.v8i1.639

Journal of Eastern European and Central Asian Research

IEECA

Business