Abstract
This study investigates the factors that drive the differences in regional economic development in Kazakhstan. The paper focuses on the roles of industrial composition, physical infrastructure, natural resource endowments, and human capital. The model-based quantitative analysis using rich micro-level Labor Force Survey data reveals that the structural composition is one of the essential drivers of regional convergence in the country. The findings show that nearly three-fourths of cross-region income differences can be explained by natural resources, human and physical capital, and structural composition.
| Original language | English |
|---|---|
| Pages (from-to) | 548-557 |
| Number of pages | 10 |
| Journal | Structural Change and Economic Dynamics |
| Volume | 59 |
| DOIs | |
| Publication status | Published - Dec 2021 |
Funding
I would like to thank the anonymous reviewer, whose comments have substantially improved the quality the paper.
Keywords
- Human capital
- Labor productivity
- Kazakhstan
- Structural change
- Industrial composition
- Productivity
- Quality of education
- Regional convergence
- Natural resources
- Income differences
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