Is it Possible to Buy Longevity: the Relationship between Health-Care Expenditures and Life Expectancy
https://doi.org/10.38050/2078-3809-2018-10-2-99-117
Abstract
The task of this article is to assess the effect of the health-care expenditures per capita on the life expectancy (LE). This paper hypothesizes that health-care expenditures lead to an increase in the life expectancy and that they affect LE in different ways depending on sex and age. For hypotheses testing the panel 6-year-data for 183 countries are used. Based on these data the authors build econometrical model, considering LE as a dependent variable. Other factors influencing LE are included as control variables, all independent variables are with taken with a 10-year lag. The hypotheses are partially confirmed. All other things being equal, health-care expenditures actually lead to an increase in the LE, but only for developing countries. The second hypothesis is also not fully confirmed: LE at old age is more quantitatively dependent on health-care expenditures then LE at birth is, however strong differences for men and women were not revealed.
About the Authors
Polina Karelina
Lomonosov Moscow State University
Russian Federation
Russian Federation
Bachelor student, Faculty of Economics
Moscow
Ekaterina Ivanova
Lomonosov Moscow State University
Russian Federation
Russian Federation
Bachelor student, Faculty of Economics
Moscow
Ekaterina Cherkasova
Lomonosov Moscow State University
Russian Federation
Russian Federation
Bachelor student, Faculty of Economics
Moscow
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Review
For citations:
Karelina P., Ivanova E., Cherkasova E. Is it Possible to Buy Longevity: the Relationship between Health-Care Expenditures and Life Expectancy. Scientific Research of Faculty of Economics. Electronic Journal. 2018;10(2):99-117. (In Russ.) https://doi.org/10.38050/2078-3809-2018-10-2-99-117
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