Health and economic growth in Central Asia
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 p...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Voprosy Ekonomiki
2025-06-01
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| Series: | Russian Journal of Economics |
| Online Access: | https://rujec.org/article/142169/download/pdf/ |
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| _version_ | 1849422235751677952 |
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| author | Mirzobobo Yormirzoev Amina Ayombekova |
| author_facet | Mirzobobo Yormirzoev Amina Ayombekova |
| author_sort | Mirzobobo Yormirzoev |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-8fd35977fc2246bfbece3e2822dfe3fd |
| institution | Kabale University |
| issn | 2405-4739 |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Voprosy Ekonomiki |
| record_format | Article |
| series | Russian Journal of Economics |
| spelling | doaj-art-8fd35977fc2246bfbece3e2822dfe3fd2025-08-20T03:31:11ZengVoprosy EkonomikiRussian Journal of Economics2405-47392025-06-0111219721410.32609/j.ruje.11.142169142169Health and economic growth in Central AsiaMirzobobo Yormirzoev0Amina Ayombekova1University of Central AsiaUniversity of Central AsiaThis 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.https://rujec.org/article/142169/download/pdf/ |
| spellingShingle | Mirzobobo Yormirzoev Amina Ayombekova Health and economic growth in Central Asia Russian Journal of Economics |
| title | Health and economic growth in Central Asia |
| title_full | Health and economic growth in Central Asia |
| title_fullStr | Health and economic growth in Central Asia |
| title_full_unstemmed | Health and economic growth in Central Asia |
| title_short | Health and economic growth in Central Asia |
| title_sort | health and economic growth in central asia |
| url | https://rujec.org/article/142169/download/pdf/ |
| work_keys_str_mv | AT mirzoboboyormirzoev healthandeconomicgrowthincentralasia AT aminaayombekova healthandeconomicgrowthincentralasia |