Statistical Data Analysis of Socio-Economic and Demographic Losses of Labor Resources in Ukraine

Abstract

Regarding the fact that life, in general, and public health, in particular, form the main values for the government and the individuals as well, the relevance of this study is indisputable. This article is aimed to statistical data analysis the losses in labor and life potentials of the Ukrainian population due to some negative socio-economic and demographic processes. The object of this study is represented by the demographic processes’ impact on the national economy of Ukraine. Meanwhile, the subject of the paper is related to social, economic and demographic assessment of the losses in human resources in Ukraine associated with the catastrophic cancer mortality. The initial hypothesis of this study was that the interdependencies between the losses in labor potential, considering the premature mortality of Ukrainian working-aged population, and the Gross Domestic Product fluctuations were comparable with the corresponding relations in advanced economies. Regarding the losses in Gross Domestic Product, cancer-related issues are constantly urgent for both emerging and advanced economies. The problem is actualized due to the fact that cancer mortality primarily affects an economically active population, reduces the real Gross Domestic Product per capita growth rates and the quality of life. That fact is crucial for developing markets, namely Ukrainian. In this paper, the population’s demographic and economic potentials were modeled in order to estimate the losses in life and labor potentials due to the certain reduction in life expectancy and increased cancer mortality. The observed cancer-related economic losses in Ukraine actualized the macroeconomic development programs aimed to counteract the main unfavorable consequences..