IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v13y2019i1p1058-1069n92.html
   My bibliography  Save this article

An overview on the correlation between the economic status of a country and the population’s health indicators

Author

Listed:
  • Păunică Mihai

    (The Bucharest University of Economic Studies, Bucharest, Romania)

  • Manole Alexandru

    (“ARTIFEX” University of Bucharest, Bucharest, Romania)

  • Motofei Cătălina

    (The Bucharest University of Economic Studies, Bucharest, Romania)

  • Tănase Gabriela-Lidia

    (The Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

In this paper, the authors aim to measure the influence of the macroeconomic indicators that characterize a national economy on some key national health indicators. The purpose is to obtain an updated evaluation of the population medical status, under the impact of either growth or economic decline. The analysis focuses especially on Romania but also on other countries, to be able to investigate comparatively national indicators and trends. Multiple data sources have been used for an in-depth analysis, to fit in an appropriate manner the purpose of the study. Static and econometric data analysis software was applied on primary data, as analysis instruments. The correlation coefficient and the regression were the tools used to obtain the study conclusions. We start from the premise that the potential of statistic data sources, combined with the processing power of the data analysis tools would be able to lead to the best result. We have also reviewed the previous studies performed on the same topic and, along with our data, the obtained conclusions should have a certain value and interest not only for current needs and utilization, but also for future researches. The authors are aware of the direct influence between the macroeconomic status (or performance) indicators and the indicators that characterize the health of the population, and will attempt to measure the intensity of this impact on several key selected domains.

Suggested Citation

  • Păunică Mihai & Manole Alexandru & Motofei Cătălina & Tănase Gabriela-Lidia, 2019. "An overview on the correlation between the economic status of a country and the population’s health indicators," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 1058-1069, May.
    • Handle: RePEc:vrs:poicbe:v:13:y:2019:i:1:p:1058-1069:n:92
    DOI: 10.2478/picbe-2019-0092
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2019-0092
    Download Restriction: no
    File URL: https://libkey.io/10.2478/picbe-2019-0092?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Obrizan, Maksym & Wehby, George L., 2018. "Health Expenditures and Global Inequalities in Longevity," World Development, Elsevier, vol. 101(C), pages 28-36.
    2. Asandului, Laura & Roman, Monica & Fatulescu, Puiu, 2013. "The Efficiency of Healthcare Systems in Europe: a Data Envelopment Analysis Approach," MPRA Paper 58954, University Library of Munich, Germany, revised Apr 2014.
    3. Hauck, K. & Martin, S. & Smith, P.C., 2016. "Priorities for action on the social determinants of health: Empirical evidence on the strongest associations with life expectancy in 54 low-income countries, 1990–2012," Social Science & Medicine, Elsevier, vol. 167(C), pages 88-98.
    4. Echevarria, Cruz A. & Iza, Amaia, 2006. "Life expectancy, human capital, social security and growth," Journal of Public Economics, Elsevier, vol. 90(12), pages 2323-2349, December.
    5. Asiskovitch, Sharon, 2010. "Gender and health outcomes: The impact of healthcare systems and their financing on life expectancies of women and men," Social Science & Medicine, Elsevier, vol. 70(6), pages 886-895, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mihai PĂUNICĂ & Alexandru MANOLE & Cătălina MOTOFEI & Gabriela - Lidia TĂNASE, 2020. "Life Expectancy from the Perspective of Global and Individual Wealth and Expenditures: A Granger Causality Study of Some Eu Countries," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 170-184, December.
    2. Meisam Nasrollahi & Jafar Razmi, 2021. "A mathematical model for designing an integrated pharmaceutical supply chain with maximum expected coverage under uncertainty," Operational Research, Springer, vol. 21(1), pages 525-552, March.
    3. Huang, Nicole & Chou, Yiing-Jenq & Hu, Hsiao-Yun & Lee, Cheng-Hua, 2013. "Gender disparities in AMI management and outcomes among health professionals, their relatives, and non-health professionals in Taiwan from 1997 to 2007," Social Science & Medicine, Elsevier, vol. 77(C), pages 70-74.
    4. Livio Di Matteo & Thomas Barbiero, 2020. "Spend Less, Get More? Explaining Health Spending and Outcome Differences Between Canada and Italy," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 12(4), pages 403-438, December.
    5. Robert Stefko & Beata Gavurova & Viera Ivankova & Martin Rigelsky, 2020. "Gender Inequalities in Health and Their Effect on the Economic Prosperity Represented by the GDP of Selected Developed Countries—Empirical Study," IJERPH, MDPI, vol. 17(10), pages 1-26, May.
    6. Lau, Sau-Him Paul, 2014. "Fertility and mortality changes in an overlapping-generations model with realistic demography," Economic Modelling, Elsevier, vol. 38(C), pages 512-521.
    7. Ethem Esen & Merve Çelik Keçili, 2022. "Economic Growth and Health Expenditure Analysis for Turkey: Evidence from Time Series," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(3), pages 1786-1800, September.
    8. Thomas Gries & Stefan Jungblut & Tim Krieger & Henning Meyer, 2019. "Economic Retirement Age and Lifelong Learning: A Theoretical Model With Heterogeneous Labor, Biased Technical Change and International Sourcing," German Economic Review, Verein für Socialpolitik, vol. 20(2), pages 129-170, May.
    9. Ludwig, Alexander & Schelkle, Thomas & Vogel, Edgar, 2007. "Demographic change, human capital and endogenous growth," Papers 08-43, Sonderforschungsbreich 504.
    10. Maik T. Schneider & Ralph Winkler, 2021. "Growth and Welfare under Endogenous Lifetimes," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(4), pages 1339-1384, October.
    11. Reibling, Nadine, 2013. "The international performance of healthcare systems in population health: Capabilities of pooled cross-sectional time series methods," Health Policy, Elsevier, vol. 112(1), pages 122-132.
    12. Vogel, Edgar & Ludwig, Alexander & Börsch-Supan, Axel, 2017. "Aging and pension reform: extending the retirement age and human capital formation," Journal of Pension Economics and Finance, Cambridge University Press, vol. 16(1), pages 81-107, January.
    13. Hilaire Gbodja Houeninvo, 2022. "Effects of health expenditures on infant and child mortality rates: A dynamic panel data analysis of 37 African countries," African Development Review, African Development Bank, vol. 34(2), pages 255-267, June.
    14. Judit Vitéz-Durgula & Anna Dunay & Gergő Thalmeiner & Balázs Vajai & László Pataki, 2023. "Financial Analysis and Survival Research of the Visegrad Countries’ Health Industries," Sustainability, MDPI, vol. 15(16), pages 1-23, August.
    15. Chen, Chih Cheng, 2017. "Measuring departmental and overall regional performance: applying the multi-activity DEA model to Taiwan׳s cities/counties," Omega, Elsevier, vol. 67(C), pages 60-80.
    16. Yangyang Liang & Zhaoyang Long, 2023. "Collection Efficiency of Public Pension Funds: Based on Dynamic Panel Threshold Model," SAGE Open, , vol. 13(3), pages 21582440231, August.
    17. Heijdra, Ben J. & Romp, Ward E., 2009. "Human capital formation and macroeconomic performance in an ageing small open economy," Journal of Economic Dynamics and Control, Elsevier, vol. 33(3), pages 725-744, March.
    18. Nelda Mier & Marcia G. Ory & Samuel D. Towne & Matthew Lee Smith, 2017. "Relative Association of Multi-Level Supportive Environments on Poor Health among Older Adults," IJERPH, MDPI, vol. 14(4), pages 1-16, April.
    19. Anna Rybarczyk-Szwajkowska & Izabela Rydlewska-Liszkowska, 2021. "Priority Setting in the Polish Health Care System According to Patients’ Perspective," IJERPH, MDPI, vol. 18(3), pages 1-8, January.
    20. Ghasemi, Abdolrasoul & Boroumand, Yasaman & Shirazi, Masoud, 2020. "How do governments perform in facing COVID-19?," MPRA Paper 99791, University Library of Munich, Germany, revised 20 Apr 2020.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:13:y:2019:i:1:p:1058-1069:n:92. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.