DOI: 10.32609/j.ruje.11.142169

Authors: Mirzobobo Yormirzoev, Amina Ayombekova

Abstract: This paper explores how the health-related component of human capital affects economic performance in all five Central Asian countries. In particular, it analyzes the impact of life expectancy on overall GDP and output per worker, which characterizes labor productivity. The time frame includes the period from 2000 to 2021. The methodology is based on a standard growth accounting framework. Findings show that better health conditions, as indicated by the increase in life expectancy, have a significant impact on the productivity of a worker. Nonetheless, its contribution to total output growth remains relatively small. In contrast, capital investment plays a crucial role in boosting labor productivity and fostering economic growth, especially in capital intensive countries such as Kazakhstan and Uzbekistan.

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DOI: 10.32609/j.ruje.10.125107

Authors: Artur R. Nagapetyan, Tatiana I. Pavlova, Jun Li

Abstract: The issue of equality of opportunity is crucial in contemporary society, often examined in relation to income. Previous research has demonstrated the uncertain effect of income on mortality due to the presence of other factors. To empirically assess the difference in the effect of income on mortality rates between more developed and less developed provinces in China, we modeled mortality rates based on the instrumental variables method and the generalized method of moments. The study results indicate that a 1% increase in income reduces mortality by over 2%. The results confirm the hypothesis that income has a stronger negative impact on mortality in more socially developed provinces of the People’s Republic of China compared to less socially developed areas. This difference is statistically significant at the 1% level and is at least 10%. The obtained results and their development can significantly impact the implementation of effective political governance measures aimed at reducing mortality in certain territories and mortality in general.

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