Socio-Economic Indicators and their Impact on Sustainable Economic Development: An In-depth Analysis of Egypt

Muhammad Eid Balbaa
Additional contact information
Muhammad Eid Balbaa: Tashkent State University of Economics, Uzbekistan.

International Journal of Economics and Financial Issues, 2024, vol. 14, issue 2, 136-145

Abstract: This research paper investigates the sophisticated relationship between socio-economic indicators and sustainable economic development in Egypt, employing a Linear Regression Model to provide an accurate analysis. Focusing on key variables such as Population, Life Expectancy at Birth, and Labor Force, the study seeks to discern their impact on Gross Domestic Product (GDP). With R Square of 0.9443, the model exhibits strong explanatory power. Noteworthy coefficients include a positive relationship between Population and GDP (β = $9,302.27), a negative relationship between Life Expectancy at Birth and GDP (β = -$45.77 Bln), and a positive relationship between Labor Force and GDP (β = $10,097.49). These findings contribute subtle insights to the literature and offer policymakers valuable information for fostering sustainable economic development in Egypt.

Keywords: Sustainable growth; Socio-economic indicators; Population; Life expectancy at birth; Labor force (search for similar items in EconPapers)
JEL-codes: B22 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.econjournals.com/index.php/ijefi/article/download/16016/7829 (application/pdf)
https://www.econjournals.com/index.php/ijefi/article/view/16016 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2024-02-14

Access Statistics for this article

International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk

More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().