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