Health and economic growth in Central Asia

Mirzobobo Yormirzoev () and Amina Ayombekova ()
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Mirzobobo Yormirzoev: University of Central Asia, Khorog, Tajikistan
Amina Ayombekova: University of Central Asia, Khorog, Tajikistan

Russian Journal of Economics, 2025, vol. 11, issue 2, 197-214

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.

Keywords: human; capital; growth; life; expectancy; total; factor; productivity; Central; Asia. (search for similar items in EconPapers)
JEL-codes: I15 O1 O4 O5 P2 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:arh:jrujec:v:11:y:2025:i:2:p:197-214

DOI: 10.32609/j.ruje.11.142169

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