Browsing by Author "FAIZA SHAHID"

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    EFFECTS OF SOCIO-ECONOMIC FACTORS ON LIFE EXPECTANCY OF SAARC COUNTRIES
    (UMT.Lahore, 2020) FAIZA SHAHID
    Life Expectancy cites to the how many years a person can await to live. It is extensively worked as an indicator of wide evolution of a state or nation. It has expanded from past ten years in several states of the globe. The South Asian Association for Regional Cooperation (SAARC) is a competitive and topological organization that has been agreed to foster socio-economic growth, peace and security, and collective self-reliance within its member nation. It was formed at 1985 summit. Inceptive members of SAARC include Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. The objective of the study was to estimate the effects of socio-economic factors on life expectancy of SAARC countries (1996-2018).In this regard, the panel data regression method is being applied. MS-Excel (2013) was used to for data entry and analysis has been done by E-views 9. The panel unit root test explained that all the variables are stationary at first difference. The graphical representation of life expectancy of each country individually showed that there exist the upward trend of life expectancy of SAARC countries from 1996 till 2018. The findings of empirical results by using the panel data analysis showed the positive relationship between life expectancy and all of those explanatory variables except the poverty (working poor at $3.20 a day). The relationship between life expectancy with inflation (% of GDP defaultor) and unemployment rate (% of total labor force) were insignificant at 5% level of significance whereas, gross capital formation (% of GDP), total population (no. of persons), health resources (proxy as no. of hospital beds per 1000 people) and poverty (working poor at $3.20 a day) were significant at 5% significance level. Furthermore, the Hausman test showed that fixed effects model is appropriate for the present research. The present research is restricted to six socio-economic factor that affects the life expectancy of SAARC countries from the period 1996-2018. Researcher may use some other factors that may influence impact on life expectancy of SAARC countries, there is possibility of getting better and broadened results. A more recent time series data may also help to get good and reliable results. This study presents many recommendations in respect to improvement of life expectancy of SAARC countries.