Main menu

Economic Growth - Quality Of Life Nexus in Ethiopia: Time Series Analysis

Abstract: 

This study investigates the nexus between economic growth and quality of life (QoL) in Ethiopia by using objective indicators of QoL-variables from economic, social and political aspects by employing descriptive and time series analysis methods. The results from the descriptive analysis confirmed an increasing trend in all objective indicators. Where, education enrolment and consumption expenditure are showing strong correlation with economic growth. The co-integration and VECM results revealed that economic growth positively and significantly influences consumption expenditure and education enrolment in the SR and more strongly in the LR. However, it has shown a negative impact on political rights in the LR unlike in the SR where the impact is insignificant. The study also identified the existence of considerable relationship among the indicators. Urbanization is oppressing education enrolment and political rights in the SR unlike the LR case. Adjustments to the SR path of urbanization through timely provision of social services in rapidly urbanizing areas are suggested for circular improvement of Qol.

Corporate Author: 
Ethiopian Economics Association
Publisher: 
Ethiopian Economic Association
ISBN/ISSN: 
1993-3681
Primary Descriptors: 

Economic development

Secondary Descriptor: 

Quality of life

Geographic Descriptors: 
Ethiopia
Cataloge Date: 
08/08/2016
Broad Subject heading: 
Economic growth
Call Number: 
330.5 ETH JOU 2015
Serial Key Title: 
Ethiopian Journal Of Economics
Publication catagory: 
Content type: 
Volume: 
XXIV
Year: 
APRIL 2015
Publication date: 
2016-04-01 00:00:00
Number: 
1
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Book
Current frequency: 
Semiannual