Ghoreishi, Maryamosadat

THE DETERMINATIONS OF LIFE EXPECTANCY IN EUROPEAN COUNTRIES / MARYAMOSADAT SHOREISHI; SUPERVISOR: ASST. PROF. DR. MEHRSHAD RADMEHR HASHEMIPOUR - 43 sheets; 31 cm. Includes CD

Thesis (MBA) - Cyprus International University. Institute of Graduate Studies and Research Business Administration Department

Includes bibliography (sheets 37-39)

ABSTRACT
From the very beginning of human beings’ history, people have been striving to
survive and evolve from bottom to upper level as Maslow defined this using a pyramid.
Now a days, better quality of life, wellbeing, and life expectancy are said to be key
factors for instituting a happier nation. This study explores the role of economic
growth, unemployment rate, and inflation on life expectancy. The study focuses on
two groups of developed and less developed European countries in terms of higher
human capital index and lower human capital index. The aim is to compare the life
expectancy between these groups of European developed countries (Finland, Ireland,
and Netherland) and less developed nations (Slovakia, Bulgaria, and Romania).
Thus, the data of seven European countries were gathered from the world development
indicators data base for the period of 2010-2019. A panel data analysis was applied to
examine the impact of gross domestic production, unemployment rate, and inflation
on life expectancy.
The results indicated that unemployment rate and inflation have a significant but
negative effect on life expectancy in developed countries. Moreover, economic
growth, unemployment rate, and inflation rate all impacted the life expectancy of the
less developed countries significantly but negatively.
The outcome of the study suggests that economic growth does not increase life
expectancy in less developed countries. This result implies an insufficient investment
in education, health, income distribution in the less developed nations have been made.
However, the positive and significant impact of economic growth on life expectancy
in developed countries explains that European nations with higher human capital
index, relatively have a better income distribution and investment for better quality of
life and achieving standard of living.
Keywords: Economic Growth, European Countries, Life Expectancy.


Economic development--Europe--Dissertations, Academic
Life expectancy--Europe