The Impact of Health Indicators on Economic Development and Social Wealth

Celia Dana Besciu () and Armenia Androniceanu ()
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Celia Dana Besciu: Bucharest University of Economic Studies, Bucharest, Romania
Armenia Androniceanu: Bucharest University of Economic Studies, Bucharest, Romania

Chapter 9 in Rethinking Social Action. Core Values in Practice, 2017, vol. 1, pp 92-102 from Editura Lumen

Abstract: Considering the researches of the scientific literature, that highlighted the strong connection between health, economics and the standards of living , the purpose of this paper is to identify to what extent the main indicators of health status have impact on long term economic growth. We used a sample of worldwide states, representing the data on which the analysis was conducted. Our research present the correlation between health work force density selected as independent variable and the dependent variables as: the number of infant deaths, life expectancy at birth, the increase of total revenues in GDP. The method used was linear estimation, both with simple regression and panel data model. The indicators were selected and processed from World Bank and World Health Organization data base. Our results confirm the research assumptions, regarding how the health work force density determine the decrease of infant mortality, an increase of life expectancy and the increase of total revenues in GDP. Health work force density plays the major role for the health system performance. We should reconsider the management of health system for a better coverage of people health needs, because the performance of human capital it is reflected subsequently in the economic competitiveness and social wealth.

Keywords: Health indicators; economic growth; health workers; management (search for similar items in EconPapers)
JEL-codes: A3 I2 I3 M0 (search for similar items in EconPapers)
Date: 2017
ISBN: 978-1-910129-14-2
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Persistent link: https://EconPapers.repec.org/RePEc:lum:prchap:01-09

DOI: 10.18662/lumproc.rsacvp2017.9

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