Economic assessment of healthy loss as a result of population mortality at the Far East of Russia

The aim of our study is a critical analysis of modern methods of calculation of economic damage and the development (modification) of the optimal methodologies to assess the extent of economic losses due to mortality in the Far East Federal District, taking into account the valuation of the average life. This study is based on the concept of human capital, which considers health as one of the most important conditions for social and economic development of any territory.
Overall the Far East the total damage from the mortality of all ages increased by 2.8 times in 2003-2010, amounting to 42.7 billion of rubles or 2.4% of GRP in 2010. In Russia the growth rate of this indicator amounted to 2.6 times (in 2010 - 798 billion rubles or 2.5% of GDP). These estimates show that the mortality rate in the Far East and Russia as a whole, is associated with very significant economic losses, which couldn’t be ignored in the current circumstances, considering the low level of health, high mortality in the working age and the reduction of population.