International Journal of Management, Accounting and Economics (Mar 2023)
An Investigation of the Relationship Between Life Expectancy at Birth and Economic Growth in Developing Countries
Abstract
This study aimed to investigate the relationship between life expectancy at birth and economic growth in developing countries. The Document and Library review was used to collect data. Then, the relevant information was extracted from the World Bank website. The necessary information was collected through the World Bank website (2000-2020) to analyze the information and hypothesis test. After collecting the required information for the considered countries, the research hypotheses were examined using correlation and regression analysis and the panel data statistical method, and the data was prepared for analysis. Then, Eviews 12 is used to perform the final analysis. The results showed that there is a positive and direct relationship between Healthcare expenditures as one of the indicators of life expectancy at birth and economic growth in developing countries. It is also concluded that there is a negative and inverse relationship between Food Poverty as one of the sub-indicators of life expectancy at birth and economic growth in developing countries, while there was a negative and inverse relationship between the Death Rate as one of the sub-indicators of life expectancy at birth and economic growth in developing countries. In addition, there is a positive and direct relationship between Access to Educational Facilities as one of the sub-indicators of life expectancy at birth and economic growth in developing countries. Finally, there is a positive and direct relationship between Median Household Income as one of the indicators of life expectancy at birth and economic growth in developing countries.
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