کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5087445 1375429 2010 8 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Investigating the relationship between health and economic growth: Empirical evidence from a panel of 5 Asian countries
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Investigating the relationship between health and economic growth: Empirical evidence from a panel of 5 Asian countries
چکیده انگلیسی
In this paper, we investigate the relationship between health and economic growth through including investment, exports, imports, and research and development (R&D), for 5 Asian countries using panel unit root, panel cointegration with structural breaks and panel long-run estimator for the period 1974-2007. We model this relationship within the production function framework, and unravel two important results. First, we find that in all four variants of the growth model, variables share a long-run relationship; that is, they are cointegrated. Second, we find that in the long-run, while health, investment, exports, EDRD (the interaction term between education and R&D), and R&D have contributed positively to economic growth, imports have had a statistically significant negative effect while education has had an insignificant effect. We draw important policy implications from these findings.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Asian Economics - Volume 21, Issue 4, August 2010, Pages 404-411
نویسندگان
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