International Congress on Eurasian Economies
26-28 June 2024 – Bishkek, KYRGYZSTAN
Paper properties
Paper ID : 2523
Status : Paper published
Language : Russian
Topic : Macroeconomics
Presenter: Assoc. Prof. Dr. Khicheza Fynchina
Session : 4C Рост и развитие
Population Income as a Factor of Economic Growth in the Kyrgyz Republic
Доходы Населения как Фактор Экономического Роста в Кыргызской Республике
- Assoc. Prof. Dr. Khicheza Fynchina (Kyrgyz-Russian Slavic University, Kyrgyzstan)
Abstract
This article examines the indicators of income of the population as the main factors of social and economic growth of the Kyrgyz Republic. In the context of a sharp decline in economic development indicators, the finances of the population are a significant factor influencing GDP growth. The analysis uses statistical and economic and mathematical methods based on the application of the methodology of economic and mathematical modeling. The analysis of the composition and structure of household income is carried out. Models of multiple and paired regressions of types of income and components of income of the population have been built. A high dependence of GDP on income from employment has been revealed. The degree of influence of particular indicators of the development of the individual entrepreneurship sector on the growth of income in terms of employment of the population of the Kyrgyz Republic is determined.
JEL codes: O11, C51
Fynchina, Khicheza (2021). "Population Income as a Factor of Economic Growth in the Kyrgyz Republic" in Proceedings of International Conference of Eurasian Economies 2021, pp.440-445, Istanbul, TURKEY and ONLINE.
DOI: https://doi.org/10.36880/C13.02523
