Health Expenditure & Life-expectancy in Islamic Countries: A Panel Data Approach

Document Type : Review Article

Authors

1 Associate Professor in Economics,Yazd University

2 Graduate Student in Economics, Yazd University

Abstract

Life expectancy is an important indicator which is not only affected by various components but also is an index of cultural, social, economic and health situations of every country. To analyze life expectancy in Islamic countries, this investigation used a regression analysis with Panel Data method. These countries are divided into two groups: high and low per capita income countries. The period of investigation is from 1995-2013.The results of the study indicate that there is a negative and significant relation between life-expectancy and individual’s health expenditure in both groups of the countries. Also, government’s health expenditure has a positive relation with life-expectancy in high per-capita income countries, but, a negative relation in low per-capita income countries. Moreover, results show that there are positive relation between life expectancy and education, improvement in water resource and per-capita income. Thus, it is appropriate that the policy-makers of our country pay more attention to health improvement in the beginning of ages of the people and enhancement of education and water resources.

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