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

• Main Authors: Păunică Mihai, Manole Alexandru, Motofei Cătălina, Tănase Gabriela-Lidia
• Format: Article
• Language: English
• Published: Sciendo 2019-05-01
• Series: Proceedings of the International Conference on Business Excellence
• Subjects: life expectancy; influence; economic; correlation; regression
• Online Access: https://doi.org/10.2478/picbe-2019-0092

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.