Impact of Spending on Life Expectancy in OECD Countries
Author Information
Author(s): Aytemiz Levent, Sart Gamze, Bayar Yilmaz, Danilina Marina, Sezgin Funda H.
Primary Institution: Bandirma Onyedi Eylul University
Hypothesis
Public social, educational, and health expenditures positively affect indicators of life expectancy in OECD countries.
Conclusion
Effective use of governmental resources in social, educational, and health expenditures can improve population health and life expectancy.
Supporting Evidence
- Public social and educational expenditures positively impact life expectancy.
- Health expenditures significantly improve life expectancy.
- Real GDP per capita has a strong positive effect on life expectancy.
Takeaway
If countries spend more on social services, education, and health, people tend to live longer and healthier lives.
Methodology
The study used second-generation cointegration analysis to examine the long-term effects of expenditures on life expectancy.
Limitations
The study is limited by the availability of data on social and educational expenditures for the specified period.
Participant Demographics
The study includes 32 OECD countries.
Statistical Information
P-Value
p<0.05
Statistical Significance
p<0.05
Digital Object Identifier (DOI)
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