Examining the Impact of Health Indicators on Economic Development Indicators in the Provinces of Iran

Subject Areas : Computational economics

mahboobeh farzad ¹ , Mohsen Zayandehroodi ² , Seyed Abdolmajid Jalaei Esfand Abadi ³

1 - PhD student in international economics, Kerman branch, Islamic Azad University, Kerman, Iran.
2 - Associate Professor, Department of Economics, Kerman Branch, Islamic Azad University, Kerman, Iran.
3 - Full Professor, Department of Economics, Shahid Bahonar University of Kerman, Kerman, Iran.

Received: 2023-10-21 Accepted : 2024-01-09 Published : 2024-02-13

Keywords: "Health indicators", , economic participation rate' '', , 'papulation aged 10 and over', , 'health and healthcare costs', , , , 'data panel model',

Abstract :

Health indicators, as a significant factor, can play a crucial role in enhancing the levels of developmental indicators in countries. The present study aims to examine the impact of health indicators on economic indicators during the period 1395-1399 for 31 provinces of the country. This research is of an applied and analytical nature. Data analysis is conducted using Stata 17 software, and model estimation is based on the Panel Data pattern. To test the hypotheses, Xtpcse test has been utilized to achieve the results.The results obtained from estimating the model indicate a positive and significant impact of health indicators on economic indicators such as the participation rate of the population aged 10 and older, the unemployment rate of the population aged 10 and older, the Gini coefficient of urban and rural areas, per capita gross domestic product, gross domestic product, health and treatment costs, and education. Therefore, health indicators can have a significant impact on economic development. Thus, by addressing barriers to improving health, efforts can be made towards enhancing the sustainable development of provinces in economic and other educational, human, and various other domains.