ASSESSMENT OF THE IMPACT OF HEALTHCARE SYSTEM INDICATORS ON THE COUNTRY’S ECONOMY
DOI:
https://doi.org/10.32782/2522-1795.2025.19.2.17Keywords:
healthcare system, macroeconomic indicators, GDP by type of economic activity in «Healthcare and Social Assistance»Abstract
The purpose of the article is to determine the impact of healthcare system indicators on a key measure of economic performance – GDP by type of economic activity in «Healthcare and Social Assistance» for further policy-making on preserving and improving the health of the population. Material and Methods. Analytical, mathematical (regression analysis method), statistical (summary and grouping of observation data; calculation of summary indicators and their analysis) research methods, method of system approach and epidemiological analysis are used in the work. The information base for the epidemiological analysis was the express issues of the State Statistics Service of Ukraine and the World Bank data. Results. The study evaluates the changes in the volume of Ukraine's GDP and GDP by type of economic activity in the sector of «Health Care and Social Assistance». The periods are identified when the GDP growth rate by activity in “Health Care and Social Assistance” exceeded the GDP growth rate of Ukraine, which was observed, in particular, during the COVID-19 pandemic. Key healthcare system indicators influencing economic performance, particularly GDP by type of economic activity in «Healthcare and Social Assistance» are determined. A linear regression model is developed, demonstrating that the most significant factors contributing to GDP growth in the type of activity «Health Care and Social Assistance» include indicators of healthy life years, average life expectancy, total healthcare expenditures, and R&D expenditures. Forecasting is conducted based on healthcare system indicators affecting GDP by type economic activity in «Healthcare and Social Assistance» for further development of policies aimed at preserving and improving public health. Сonclusions. The results of forecasting GDP growth by type of activity in «Healthcare and Social Assistance» indicate the need to increase the indicators of total health care expenditures and research and development expenditures, taking into account their average growth rates. By applying this approach and aligning with socio-economic priorities, GDP growth for type of activity in «Healthcare and Social Assistance» sector is expected to grow by 8.44% in the short term while ensuring long-term innovation in the healthcare system.
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