Factor affecting on health in the Organization of the Islamic Conference (OIC) Member Countries’ case (social – economic approach)

Subject Areas : Journal of Investment Knowledge

Samira Motaghi ¹ (PH.D. Student, Department of economics, Faculty of Management and Economics, Tarbiat Modares University, Tehran, Iran)
SyedEbrahim Hosseini Nasab ² (Faculty Member, Tarbiat Modares University, Faculty of Management and Economics, Department of economics)
Abbas Asari ³ (Faculty Member, Department of planning and development, Faculty of Management and Economics, TarbiatModares University)
Lotfali Agheli ⁴ (Research Associate, Economic research center, TarbiatModares University, Tehran, Iran)

Received: 2013-01-09 Accepted : 2013-05-15 Published : 2013-05-15

Keywords: Health, Grossman model, social – economic factors, Islamic Conference member coun,

Abstract :

This paper is an attempt to estimate factor affecting on health in the Islamic Conference Organization Member Countries. For this we examine the health situation in OIC member and capture the effect of economic, social and environmental factors on health with Grossman model. we have modeled independent variables to include GDP, investment in health sector, literacy rate, population , the rate of urbanization and AIDS infection rate and dependent variable by life expectancy . A random effect version of the panel data estimation procedure with the OIC member country data spanning over the 1995-2009 period was utilized to obtain the parameter estimates. The estimates reveal that increasesin GDP, investment in health sector, literacy rate and rate of urbanization enhance life expectancy, whereas increases in population and AIDS infections rate decrease it. And the situation of health in Muslim countries is lower than developed and developing countries.