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Abstract
The effectiveness of higher education affects economic growth through a number of mechanisms, such as the development of human capital, stimulation of innovation and scientific research, international competitiveness and development of entrepreneurship. And in order to determine the relationship between the process of development of the country's economy and the effective functioning of the higher education market, it is important, first of all, to determine the factors of its effectiveness and consider the influence of these factors on economic development.
In this article, determining the factors influencing the effectiveness of higher education, quantitative values of these factors are given for the period 2000-2022 based on the official statistics of the Republic of Kazakhstan. Based on scientific works and theories in the field of higher education, external (economic, socio-demographic, political and legal), regional, industry (structural, resource, effective) factors influencing the effectiveness of higher education are identified. In addition, based on regression analysis, the influence of these factors on the gross domestic product (GDP) is determined and communication models are created. The results of the study can be useful for economic management bodies that ensure effective work in higher education institutions.
Key words: factors of higher education efficiency, gross domestic product, government expenditure, higher education institutions, competent graduates.