ISSN (print) - 0131-7652

ISSN (online) - 2686-7605

Vol. 52 No. 11 (2022)
REGIONAL DEVELOPMENT

Determinants of Economic Growth in Regions with Diverse Incidence of COVID-19

PDF (Русский)
  • M.A. Kaneva
M.A. Kaneva
Institute of Economics and Industrial Engineering, SB RAS, Novosibirsk
DOI: https://doi.org/10.30680/ECO0131-7652-2022-11-90-108

Published 2022-11-07

Keywords

  • morbidity; COVID-19; health care costs; RF regions; threshold regression; human capital

How to Cite

1.
Kaneva М. Determinants of Economic Growth in Regions with Diverse Incidence of COVID-19. ECO [Internet]. 2022 Nov. 7 [cited 2024 Dec. 4];52(11):90-108. Available from: https://ecotrends.ru/index.php/eco/article/view/4531

Abstract

The paper examines COVID-19 morbidity in comparison with the endogenous growth model. All regions of the Russian Federation are divided into three groups according to the degree of morbidity, for each of which threshold regression models are built for the years 2008–2018, where the threshold is the stock of human capital. For group 1, two thresholds are identified and a negative statistically significant relationship between public spending on health care and GRP per capita is found. This indicates the inefficiency of investments in terms of their opportunity cost. Group 1 regional health care systems require federal assistance. For groups 2 and 3, the correlation is also negative, but insignificant, indicating the need to modernize their health systems, at least – in terms of the development of the infectious disease service.
PDF (Русский)

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