Factors Affecting Quality of Life of Thai Population: A Perspective from Human Development Index (HDI)
Keywords:
Quality of Life, Aging Society, Government Budget for Education, CO2 EmissionAbstract
This quantitative research aimed to study factors affecting quality of life of Thai population and to use the regression equation of Human Development Index (HDI). Secondary data of 20 years (1990–2013) from the World Bank were used to analyze the correlation between factors affecting quality of life and HDI level. In order to find out this correlation, the Multiple Regression Analysis using Ordinal Least Squares (OLS) method was used.
Research found that independent variables that significantly affected HDI in the same direction were the following: GDP per capita, enrolment rate in secondary school, unemployment rate, and CO2 Emission per Capita; while independent variables that significantly affected HDI in the opposite direction were the following: life expectancy at birth, expenditure on education, and corruption perception index.
Policy recommendations from the research are as follows: 1) government should encourage working opportunities for retired people, 2) government should distribute education budget in order to reduce the gaps of schools’ size and location, and 3) government should apply tax measures to promote using clean energy or modern technology in order to reduce CO2 emissions.
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