THESIS
REGRESSION ANALYSIS ON LIFE EXPECTANCY OF CHILE (1970-2020)
In partial fulfillment of the requirements
For the Degree of Bachelors of Arts
Submitted by
Jyoti Rana, Arunima Singh , Chetna Chauhan and Kumari Sangwi
Department of Economics
Delhi University
Delhi, India
2022
Advisor: Dr. Hena Oak
, ABSTRACT
This study investigates the comparison of the country Chile on the basis of some social and
economic indicators, stated here are life expectancy at birth, Total population, Expenses
(%GDP), School enrollment (%gross) ratio. These indicators are taken as dependent variables
in this study. The empirical model is set up by using time series data of Chile for the period
1970-2020. The findings show the relationship between the variables. It shows the negative
relationship between life expectancy and expense% of GDP as when the expenditure of GDP
increases , the life expectancy decreases whereas the relationship between life expectancy and
school enrollment is positive and similarly the relationship between life expectancy and
population is also shown as positive.
KEYWORDS
life expectancy, school enrollemnt , expenses , population, GDP
INTRODUCTION
Life expectancy is one of the major key indicators of population health condition and
economic development in a country. In most countries of the world, life expectancy at birth
has increased over the last decade. Improvements in areas such as health and welfare can
increase life expectancy. Many studies suggest that increased life expectancy leads to long-
term economic growth.
This study will empirically analyze the determinants of the life expectancy in Chile from
1970-2020. It also contributes significantly to the literature by focusing on the links between
life expectancy and economic growth.
• Expense(%GDP) expense is cash payments for operating activities of the government
in providing goods and services, it includes compensation of employees (such as
wages and salaries), interest & subsdies, grants, social benefits and other expenses
such as rent and dividends.
• Gross enrollment ratio is the ratio of total enrollemnt, regardless of age, to the
population of the age group that officially corresponds to the level of education.
Tertiary education, whether or not to an advanced research qualification, normally
requires as a minimum condition of admission, the successful completion of education
at the secondary level.
• Total population based on the default definition of population, which counts all the
residents regardless of legal status or citizenship. The values shown are midyear
estimates.
• Life expectancy at birth indicates the number of years infant would live if prevailing
patterns of mortality at the time of its birth were to stay at the same time throughout
its life.
Most studies on life expectancy use a linear regression model. We have run various statistical
test on this model to reach our desirable result and conclude it to show the changes in factors
through out the years effecting the life expectancy of Chile.
REGRESSION ANALYSIS ON LIFE EXPECTANCY OF CHILE (1970-2020)
In partial fulfillment of the requirements
For the Degree of Bachelors of Arts
Submitted by
Jyoti Rana, Arunima Singh , Chetna Chauhan and Kumari Sangwi
Department of Economics
Delhi University
Delhi, India
2022
Advisor: Dr. Hena Oak
, ABSTRACT
This study investigates the comparison of the country Chile on the basis of some social and
economic indicators, stated here are life expectancy at birth, Total population, Expenses
(%GDP), School enrollment (%gross) ratio. These indicators are taken as dependent variables
in this study. The empirical model is set up by using time series data of Chile for the period
1970-2020. The findings show the relationship between the variables. It shows the negative
relationship between life expectancy and expense% of GDP as when the expenditure of GDP
increases , the life expectancy decreases whereas the relationship between life expectancy and
school enrollment is positive and similarly the relationship between life expectancy and
population is also shown as positive.
KEYWORDS
life expectancy, school enrollemnt , expenses , population, GDP
INTRODUCTION
Life expectancy is one of the major key indicators of population health condition and
economic development in a country. In most countries of the world, life expectancy at birth
has increased over the last decade. Improvements in areas such as health and welfare can
increase life expectancy. Many studies suggest that increased life expectancy leads to long-
term economic growth.
This study will empirically analyze the determinants of the life expectancy in Chile from
1970-2020. It also contributes significantly to the literature by focusing on the links between
life expectancy and economic growth.
• Expense(%GDP) expense is cash payments for operating activities of the government
in providing goods and services, it includes compensation of employees (such as
wages and salaries), interest & subsdies, grants, social benefits and other expenses
such as rent and dividends.
• Gross enrollment ratio is the ratio of total enrollemnt, regardless of age, to the
population of the age group that officially corresponds to the level of education.
Tertiary education, whether or not to an advanced research qualification, normally
requires as a minimum condition of admission, the successful completion of education
at the secondary level.
• Total population based on the default definition of population, which counts all the
residents regardless of legal status or citizenship. The values shown are midyear
estimates.
• Life expectancy at birth indicates the number of years infant would live if prevailing
patterns of mortality at the time of its birth were to stay at the same time throughout
its life.
Most studies on life expectancy use a linear regression model. We have run various statistical
test on this model to reach our desirable result and conclude it to show the changes in factors
through out the years effecting the life expectancy of Chile.