An Empirical Analysis of the Growth-Health Relationship in Pakistan
https://doi.org/10.35877/454RI.qems272
Keywords:
Economic Growth, Health Indicators, Mortality Rate, Life Expectancy, GDP, Pakistan
Viewed = 23 time(s)
Viewed = 23 time(s)
Abstract
The purpose of this study is to examine Pakistan's health sector issues and the critical ties between health indicators and economic growth. ARDL analysis has been applied on the data set of Pakistan’s economy, in the time reference to 1990-2020. The study revealed that the important ties between GDP, foreign direct investment, fertility and life expectation in the short run are strong, while mortality rate is negative, but have a significant impact on economic development. The fertility rate has a huge effect on GDP in long-term, while affecting foreign direct investment. The study achieves that countries with developing economic growth will focus more on improving human capital well-being.
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Abbas, Q., & Mujahid-Mukhtar, E. (2000). The role of human capital in economic growth: a comparative study of Pakistan and India [with Comments]. The Pakistan development review, 451-473.
Ahsan, H., & Idrees, D. M. (2014). Impact of Health on Earnings: Individual and District Level Analysis for Pakistan.
Ali, M. A., Ullah, M. I., & Asghar, M. A. (2017). Effect of health expenditure on GDP, a panel study based on Pakistan, China, India and Bangladesh. Int J Health Econ Policy, 2(2), 57-62.
Arisoy, İ., Ünlükaplan, İ., & Ergen, Z. (2010). The relationship between social expenditures and economic growth: a dynamic analysis intended for 1960–2005 period of the Turkish economy. MaliyeDergisi, 158, 398-421.
Barro, R. J. (1991). Economic growth in a cross section of countries. The quarterly journal of economics, 106(2), 407-443.
Bhargava, A., Jamison, D. T., Lau, L. J., & Murray, C. J. (2001). Modeling the effects of health on economic growth. Journal of health economics, 20(3), 423-440.
Brenner, M. H. (2005). Commentary: Economic growth is the basis of mortality rate decline in the 20th century—experience of the United States 1901–2000. International journal of epidemiology, 34(6), 1214-1221.
Chaudhry, M. O., Zahir, M., Farooq, F., & Arif, R. (2013). Contribution of Health Outcomes to Economic Growth in Pakistan. Pakistan Journal of Social Sciences (PJSS), 33(2).
Grossman, M. (1972). On the concept of health capital and the demand for health. Journal of Political economy, 80(2), 223-255.
Kar, M., & Taban, S. (2003). The impacts of the disaggregated public expenditure on economic growth. Ankara University Faculty of Political Science, 53(3), 145-169.
Khan, M. S., Amjad, R., & Din, M. U. (2005). Human capital and economic growth in Pakistan [with comments]. The Pakistan development review, 455-478.
Lucus Jr, R. E. (1988). On the Mechanics of Economic Development. Journal of (1988).
Mincer, J. (1996). Economic development, growth of human capital, and the dynamics of the wage structure. Journal of Economic Growth, 1(1), 29-48.
Musila, J. W., & Belassi, W. (2004). The impact of education expenditures on economic growth in Uganda: evidence from time series data. The Journal of Developing Areas, 123-133.
Renny, O. R. (2012). The Role of Health in Economic Growth and Development. A Term Paper, Department of Masters public and International Affairs, University of Lagos, Nigeria.
Sachs, J. D., Mellinger, A. D., & Gallup, J. L. (2001). The geography of poverty and wealth. Scientific American, 284(3), 70-75.
World Health Organization. (1999). The world health report: 1999: making a difference. World Health Organization.
World Health Organization. (2016). World health statistics 2016: monitoring health for the SDGs sustainable development goals. World Health Organization.
Zhou, B., Lu, Y., Hajifathalian, K., Bentham, J., Di Cesare, M., Danaei, G., ... & Gaciong, Z. (2016). Worldwide trends in diabetes since 1980: a pooled analysis of 751 population-based studies with 4· 4 million participants. The Lancet, 387(10027), 1513-1530.
