The Models of Assessment of the Potential Contribution of Tducation to the Socio-economic Development of Regionsof the North Caucasus Federal District
The models of assessment of the potential contribution of education to the socio-economic development of regions on the example of the regions that make up the North Caucasus Federal District are reviewed. A comparative analysis of the two models, counting the contribution of education both in absolute value and in relation to the gross regional product (GRP) is made. The modified models, taking into account both the award for a certain level of education and wage differentiation by age of the workers are given. A mathematical evaluation of the potential contribution of education to economic and social development of regions that make up the North Caucasus Federal District, in 2005, 2011 and 2013 is done; the conclusions and suggestions for further use of materials of this article are made.