ECONOMETRIC PERSPECTIVE BETWEEN HEALTHCARE SYSTEM AND HUMAN DEVELOPMENT INDEX. AN INTERNATIONAL COMPARATIVE ANALYSIS

Claudiu Cicea

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2012, vol. 6, issue 1, 404-410

Abstract: The healthcare system is one of the most important sector in social area, especially because it has a great influence over the health status of the population (measured by life expectancy at birth). Furthermore, the healthcare system is a major consumer of human, material and financial resources. In the following we analyzed the correlation between life expectancy at birth (as a result of health system efficiency) and human development index. No doubt, between these two analyzed variables there is a correlation (as long as the first is a component of the second), but we want to analyze how strong is it, based on correlation coefficient. It was found that the correlation between the healthcare system and human development index is strong (correlation coefficient was calculated for 0.851). The connection between health system (measured by the life expectancy at birth) and the human development index is very strong. This fact is based both on empirical perception and on mathematical calculations and comparative international analysis.

Keywords: life expectancy at birth; healthcare system; human development index (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:6:y:2012:i:1:p:404-410

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