Assessment of relationship between average life expected and GDP
DOI:
https://doi.org/10.31558/2307-2318.2021.3.9Keywords:
life expectancy; GDP per capita; correlation; modelAbstract
The importance of intensifying the economic development of Ukraine as a factor in increasing average life expectancy is substantiated. Emphasis is placed on the low value of the life expectancy index in Ukraine, compared to developed countries. The statistics on the average life expectancy and the level of gross domestic product per capita at purchasing power parity by individual member countries of the Organization for Economic Cooperation and Development are analyzed in the dynamics. A linear correlation-regression mathematical model of the relationship between life expectancy and GDP per capita for PPPs for individual OECD member countries has been constructed. The parameters of the proposed model were evaluated, which proved that it is objective and statistically reliable. The importance of the factor of economic growth in the direction of ensuring the growth of average life expectancy in Ukraine is substantiated, based on the experience of the considered individual OECD member countries. Recommendations for the economic development of Ukraine in the context of ensuring the growth of average life expectancy in today’s globalization.
References
Life Expectancy Index 2020. Rating of countries in the world by life length level. ‒ URL: http://hdr.undp.org//.
Preston S. The changing relationship between mortality and the level of economic development. Int J Epidemiol. 2007; 36: 484–490.
Linden M., Ray D., Life expectancy effects of public and private health expenditures in OECD countries 1970–2012: Panel time series approach. Economic Analysis and Policy. 2017. ‒ URL: http://dx.doi.org/10.1016/j.eap.2017.06.005.
Piketty T. Capital in the twenty-first century. Cambridge, MA: Belknap Press of Harvard University Press; 2014.
Piketty T. About capital in the twenty-first century. American Economic Review. 2015; 105(5): 48‒53.
Bucci A. Product proliferation, population, and economic growth. Journal of Human Capital. 2015; 9: 170‒197.
Gordon R. The rise and fall of American growth: The U.S. standard of living since the Civil War. Princeton, NJ: Princeton University Press; 2016.
Heady D., Hodge A. The effect of population growth on economic growth: A metaregression analysis of the macroeconomic literature. Population and Development Review. 2009; 35: 221‒248.
Huang T., Xie Z. Population and economic growth: A simultaneous equation perspective. Applied Economics. 2013; 45: 3820‒3826.
Mierau J., Turnovsky S. Demography, growth and inequality. Economic Theory. 2014; 55: 29‒68.
Prettner K., Prskawetz A. Demographic change in models of endogenous economic growth: A survey. Central European Journal of Operations Research. 2010; 18: 593‒608.
Thakur A. Kassam A., Stoop W. Modifying rice crop management to ease water constraints with increased productivity, environmental benefits, and climate resilience. Agriculture, Ecosystems & Environment. 2016; 235; 101‒104.
Національна академія наук України. Інститут демографії та соціальних досліджень ім. М. В. Птухи. Елла Лібанова: Нас має бути не більше, ми маємо жити довше і краще. ‒ URL: https://idss.org.ua/index.
Organization for Economic Cooperation and Development. Find, comparare and share the latest OECD data: charts, maps, tables and related publication. ‒ URL: https://data.oecd.org/.
Офіційний сайт Державної служби статистики України. Населення та міграція. Національні рахунки. ‒ URL: http://www.ukrstat.gov.ua/.
