Methodological foundations of human capital distribution efficiency

Abstract

Importance: the most important object of economic theory research is the reproduction process, which has a fundamental character. The identification of the essence of the efficiency of reproduction at its various stages (phases) in relation to such an important factor of production as human capital is of a great value. Purpose: to study various looks at the issue, approaches to the study of not only the category of «distribution efficiency», but also «distribution» and apply these approaches to the category of «human capital», to identify the functions of this process, to propose methods of evaluation, to show them in the form of formulas. Research design: the methodological basis, first of all, was the Marxist (reproductive) approach. Also, the concept of distribution from the perspective of the labor theory of value is important in studying this problem. Results: the author proposes the interpretation of the essence of the economic category «efficiency of the distribution of human capital» reveals its functions, subjects and objects. The article also proposes the formulation of its economic content and methods of measurement.