Open AccessThe Effects of Health Care Expenditures as a Percentage of GDP on Life Expectancies
Author(s) -
Jacqueline Duba,
Jonathan Berry,
Andrea Fang,
Matt Baughn
Publication year - 2018
Publication title -
research in applied economics
Language(s) - English
Resource type - Journals
ISSN - 1948-5433
DOI - 10.5296/rae.v10i2.12654
Subject(s) - life expectancy , per capita , sanitation , economics , demographic economics , expectancy theory , consumption (sociology) , fixed effects model , health care , population , value (mathematics) , demography , socioeconomics , econometrics , panel data , environmental health , medicine , statistics , economic growth , mathematics , social science , management , pathology , sociology
The purpose of our research is to examine to see if there is a relationship between health care expenditures as a percentage of GDP and life expectancy for both females and males, consisting of 210 countries and regions over the period of 1995 to 2014. Along with health expenditure, we also use percent of the population in urban areas, primary completion rates, the amount of foreign aid received, agriculture value added, sanitation, and Carbon Dioxide (CO2) emissions per capita as our independent variables. The data that we collected indicates that there is a statistically significant link between life expectancies of both men and women and health care expenditures. During our research we ran our data through fixed effects regression model, this model is in use so that it would reduce the potential biases that we may have had during our experiment and test our hypothesis at the highest standard.