LITERATURE REVIEW
the article "Exploring the Relationship Between Life Expectancy at Birth and Economic Growth
in 56 Developing Countries" looks into the mutual relationship of life expectancy at birth(LEB)
and income per capita(IPC) using cross-sectional and panel data analyses. The Granger causality
tests show that LEB Granger causes IPC and the reverse situation also holds true in panel data.
Regression models show that the better health condition is the reason behind the economic
growth, as the significant coefficients indicate the positive impact on the economy due to the
improvements in health. In the study that was conducted in the period of 1990-2015, the data
analysis shows the importance of the healthcare reforms in the decrease of the mortality rates, the
increase of the life span and the productivity and economic growth in the developing countries.