Regional Development and the Education System in the Context of Digital Transformation
The paper aims to assess how the existing imbalance between the education system and the regional economy influences the formation of spatial inequality and uneven economic development. Based on the structural and comparative analysis of data on Russia and China as the members of the Organizatio...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Russian Academy of Sciences, Institute of Economics of the Ural Branch
2020-12-01
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| Series: | Экономика региона |
| Subjects: | |
| Online Access: | https://www.economyofregion.com/data/jarticles/3317.pdf |
| _version_ | 1797763938741387264 |
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| author | Askar A. Akaev Dmitry N. Desyatko Alexander A. Petryakov Askar I. Sarygulov |
| author_facet | Askar A. Akaev Dmitry N. Desyatko Alexander A. Petryakov Askar I. Sarygulov |
| author_sort | Askar A. Akaev |
| collection | DOAJ |
| description | The paper aims to assess how the existing imbalance between the education system and the regional economy influences
the formation of spatial inequality and uneven economic development. Based on the structural and comparative analysis of
data on Russia and China as the members of the Organization for Economic Co-operation and Development, we demonstrate
that the technologies of the 4th Industrial Revolution shift the demand for highly skilled labour force. This situation leads to
the gap between labour demand and supply, as the education systems are oriented to the economic needs of the 3rd Industrial
Revolution. We consider cross-country differences in the quantity of STEM graduates and researchers (science, technology,
engineering, and mathematics) as a possible cause of spatial inequality in the context of digital transformation. Further, on the
example of Russia, we apply correlation and regression analysis to show that the discrepancy between the skill level of graduates
and market expectations contributes to regional development inequality. We demonstrate the strong relationship between the
share of unemployed persons among the economically active population and the skills of the labour force for all federal districts of
the Russian Federation. On average, an increase in the share of employees with higher or secondary vocational education by 1 %
decreases unemployment by 0.32 %. Additionally, in all federal districts of Russia, there is a discrepancy between the economic
need for highly qualified workers with higher education and the education system producing too many specialists with secondary
vocational education. The discrepancy between the structure of skilled labour force produced by the education system and the
employment structure in the labour market by 10 % increases unemployment by almost 1 %. The results of the study can be used
by the government for creating the development strategy of the education system and reducing spatial inequality. |
| first_indexed | 2024-03-12T19:48:33Z |
| format | Article |
| id | doaj.art-d721d04b6e854ba4814c73252914265a |
| institution | Directory Open Access Journal |
| issn | 2072-6414 2411-1406 |
| language | English |
| last_indexed | 2024-03-12T19:48:33Z |
| publishDate | 2020-12-01 |
| publisher | Russian Academy of Sciences, Institute of Economics of the Ural Branch |
| record_format | Article |
| series | Экономика региона |
| spelling | doaj.art-d721d04b6e854ba4814c73252914265a2023-08-02T03:23:35ZengRussian Academy of Sciences, Institute of Economics of the Ural BranchЭкономика региона2072-64142411-14062020-12-0116410311045https://doi.org/10.17059/ekon.reg.2020-4-2Regional Development and the Education System in the Context of Digital TransformationAskar A. Akaev0Dmitry N. Desyatko1Alexander A. Petryakov2Askar I. Sarygulov3Lomonosov Moscow State UniversitySaint Petersburg State University of EconomicsSaint Petersburg State University of EconomicsSaint Petersburg State University of EconomicsThe paper aims to assess how the existing imbalance between the education system and the regional economy influences the formation of spatial inequality and uneven economic development. Based on the structural and comparative analysis of data on Russia and China as the members of the Organization for Economic Co-operation and Development, we demonstrate that the technologies of the 4th Industrial Revolution shift the demand for highly skilled labour force. This situation leads to the gap between labour demand and supply, as the education systems are oriented to the economic needs of the 3rd Industrial Revolution. We consider cross-country differences in the quantity of STEM graduates and researchers (science, technology, engineering, and mathematics) as a possible cause of spatial inequality in the context of digital transformation. Further, on the example of Russia, we apply correlation and regression analysis to show that the discrepancy between the skill level of graduates and market expectations contributes to regional development inequality. We demonstrate the strong relationship between the share of unemployed persons among the economically active population and the skills of the labour force for all federal districts of the Russian Federation. On average, an increase in the share of employees with higher or secondary vocational education by 1 % decreases unemployment by 0.32 %. Additionally, in all federal districts of Russia, there is a discrepancy between the economic need for highly qualified workers with higher education and the education system producing too many specialists with secondary vocational education. The discrepancy between the structure of skilled labour force produced by the education system and the employment structure in the labour market by 10 % increases unemployment by almost 1 %. The results of the study can be used by the government for creating the development strategy of the education system and reducing spatial inequality.https://www.economyofregion.com/data/jarticles/3317.pdfuneven regional developmentdigital transformationskill leveleducation systemlabour marketunemploymentspatial inequalityemployment structurehuman capitallabour supply and demand |
| spellingShingle | Askar A. Akaev Dmitry N. Desyatko Alexander A. Petryakov Askar I. Sarygulov Regional Development and the Education System in the Context of Digital Transformation Экономика региона uneven regional development digital transformation skill level education system labour market unemployment spatial inequality employment structure human capital labour supply and demand |
| title | Regional Development and the Education System in the Context of Digital Transformation |
| title_full | Regional Development and the Education System in the Context of Digital Transformation |
| title_fullStr | Regional Development and the Education System in the Context of Digital Transformation |
| title_full_unstemmed | Regional Development and the Education System in the Context of Digital Transformation |
| title_short | Regional Development and the Education System in the Context of Digital Transformation |
| title_sort | regional development and the education system in the context of digital transformation |
| topic | uneven regional development digital transformation skill level education system labour market unemployment spatial inequality employment structure human capital labour supply and demand |
| url | https://www.economyofregion.com/data/jarticles/3317.pdf |
| work_keys_str_mv | AT askaraakaev regionaldevelopmentandtheeducationsysteminthecontextofdigitaltransformation AT dmitryndesyatko regionaldevelopmentandtheeducationsysteminthecontextofdigitaltransformation AT alexanderapetryakov regionaldevelopmentandtheeducationsysteminthecontextofdigitaltransformation AT askarisarygulov regionaldevelopmentandtheeducationsysteminthecontextofdigitaltransformation |