Macroeconomic and Socio-Demographic Determinants of Longevity in Nigeria

Nigeria is characterized as a country with the lowest life expectancy rate globally. Hence, this study empirically estimated the effect of macroeconomic and socio-demographic characteristics on life expectancy in Nigeria. The study covered a period of 1986 to 2022 and employed Auto-regressive Distributive Lag (ARDL) to model the said effect. Findings revealed that reduction in population growth, domestic and external debts could improve life expectancy in the long-run. Additionally, increase in per capita income and consumption expenditure would improve longevity in Nigeria. The error correction model (ECM) term of –0.2596 demonstrated that a 25% deviation from the long-run equilibrium in longevity is improved annually. Following the results from this investigation, this study recommended that focus should be on strengthening macroeconomic and socio-demographic indicators in Nigeria.

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Publication Details

Journal
Lapai Journal of Economics
Published
2024-12-30
DOI
https://doi.org/10.4314/lje.v8i2.2
Citations
1
Primary Topic
Global Health Care Issues
Type
article
Field-Weighted Citation Impact
0.85
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article

Macroeconomic and Socio-Demographic Determinants of Longevity in Nigeria

Timothy Oladayo Popoola, Oluwaseyi A. Mohammed
1 citations
Lapai Journal of Economics
Global Health Care Issues
0.85
article

Macroeconomic and Socio-Demographic Determinants of Longevity in Nigeria

Timothy Oladayo Popoola, Oluwaseyi A. Mohammed
article en
1 citations

Abstract

Nigeria is characterized as a country with the lowest life expectancy rate globally. Hence, this study empirically estimated the effect of macroeconomic and socio-demographic characteristics on life expectancy in Nigeria. The study covered a period of 1986 to 2022 and employed Auto-regressive Distributive Lag (ARDL) to model the said effect. Findings revealed that reduction in population growth, domestic and external debts could improve life expectancy in the long-run. Additionally, increase in per capita income and consumption expenditure would improve longevity in Nigeria. The error correction model (ECM) term of –0.2596 demonstrated that a 25% deviation from the long-run equilibrium in longevity is improved annually. Following the results from this investigation, this study recommended that focus should be on strengthening macroeconomic and socio-demographic indicators in Nigeria.

Lapai Journal of EconomicsVol. 8(2)
Openalex Percentile: Top 18%
Global Health Care Issues
0.85
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