Methods of calculation of economic efficiency of human life
Journal Title: Проблеми економіки - Year 2013, Vol 2013, Issue 1
Abstract
The article contains calculation of the long-term economic efficiency of a new human life for Ukraine. The developed methods, unlike the existing ones, are realised in full volume with building age profiles of state expenditures, with consideration of the death-rate factor, indexation and discounting and also the effect of de-shadowing of economy. The article justifies that the maximum possible rate of growth of healthcare expenditures, which provides the break-even of a citizen, constitutes 7.15% (during the nearest 20 years with preservation of the growth rate of 6% after 2030). The offered approach is a tool for formation of priorities in state expenditures on healthcare and also demonstrates possibilities of a better decision making outside the healthcare sector.
Authors and Affiliations
Anna Oganezova
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