Focus of research is to assess the impact of income inequality and human capital on economic development of Latvian regions in order to evaluate importance of human capital in Latvia. For this, correlation method is used. The results of the research lead to the conclusion that income inequality and human capital has significant impact on economic performance of region and income inequality is closely linked to economic development, too.
Track: Sustainability and Green Systems
Published in: 6th Annual International Conference on Industrial Engineering and Operations Management, Kuala Lumpur, Malaysia
Publisher: IEOM Society International
Date of Conference: March 8
-10
, 2016
ISBN: 978-0-9855497-4-9
ISSN/E-ISSN: 2169-8767