Ինստիտուցիոնալ որակի ազդեցությունը կյանքի տևողության վրա. պանելային տվյալների ռեգրեսիոն վերլուծություն / The Impact of Institutional Quality on Life Expectancy: Evidence from Panel Regression Analysis

Abstract

The purpose of this research is to study the impact of institutions on public health, as well as to identify those institutions that have the greatest impact on public health. Life expectancy was chosen as the indicator describing public health, and six component elements of the World Bank's Governance Quality (WGI) were used to assess the institutional quality of countries. The basis of the research is the study of scientific materials and the performed panel regression analysis. As a result of the research, it became clear that institutional quality has a positive and significant effect on life expectancy. Apart from that, improving the effectiveness of the government and strengthening the rule of law has the greatest impact on institutional indicators. Accordingly, policies aimed at improving institutional quality can have a significant positive impact on public health. The results are consistent with other studies that have examined the role of institutional quality in determining life expectancy in different regions of the world. In addition to providing a basis for policy development, the research can also contribute to improving the quality of further research in the field.