Montenegrin Journal of Economics


The Models For Company'S Human Capital Estimation, Based On The Stochastic Frontier Approach

Sergey Aivazian and Mikhail Afanasyev

2012, vol. 8, no. 1, p. 7-26


This paper contributes to the development of the methodology of company's productive potential estimation by suggesting the approach to the estimation of its human capital, based on the stochastic frontier approach. The results of the empirical analysis of a scientific organization's human capital are presented, supporting the possibility of the application of the proposed approach to the estimation of the human capital amount and efficiency from both the company and its employees' perspectives.


suggested citation:

Sergey Aivazian and Mikhail Afanasyev. "The Models For Company'S Human Capital Estimation, Based On The Stochastic Frontier Approach." Montenegrin Journal of Economics. vol. 8, no. 1, 2012, p. 7-26

BibTeX entry    download