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An Examination of the relationship between Health and Economic Growth

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  • Garima Malik

    (Indian Council for Research on International Economic Relations)

Abstract

This paper attempts to examine the relationship between health and economic growth. The rate of growth is measured using gross national income [GNI] and health status is measured using infant mortality rate, life expectancy rate and crude health rate. The above relationships are measured using a multivariate framework controlling for other background variables. Thus we have modelled the macroeconomic impact of health. A theoretical framework has been developed to model this linkage between health and growth and this is further tested using a regression model which tests the causality between these variables of interest. These models are tested using pooled data. We have also assumed in this analysis that these variables are affected by state-specific unobservable fixed effects, since there are other cultural, political and social factors at work here.

Suggested Citation

  • Garima Malik, 2006. "An Examination of the relationship between Health and Economic Growth," Indian Council for Research on International Economic Relations, New Delhi Working Papers 185, Indian Council for Research on International Economic Relations, New Delhi, India.
    • Handle: RePEc:ind:icrier:185
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    References listed on IDEAS

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    10. repec:pri:cheawb:deaton_healthglobalage.pdf is not listed on IDEAS
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    Cited by:

    1. Masagus M. Ridhwan & Peter Nijkamp & Affandi Ismail & Luthfi M.Irsyad, 2022. "The effect of health on economic growth: a meta-regression analysis," Empirical Economics, Springer, vol. 63(6), pages 3211-3251, December.
    2. Celia Dana BESCIU & Armenia ANDRONICEANU, 2017. "The Impact of Health Indicators on Economic Development and Social Wealth," Book chapters-LUMEN Proceedings, in: Camelia Ignatescu & Antonio SANDU & Tomita CIULEI (ed.), Rethinking Social Action. Core Values in Practice, edition 1, volume 1, chapter 9, pages 92-102, Editura Lumen.
    3. Syeda Anam Fatima Rizvi, 2020. "Cost effectiveness of health expenditures: A macro level study for developing and developed countries," Post-Print hal-03341702, HAL.
    4. Khobai, Hlalefang & Mbeki, Zizipho Mihlali, 2018. "Health and economic growth in Vista countries: An ARDL bounds test approach," MPRA Paper 89868, University Library of Munich, Germany.
    5. Ahsan, Henna & Idrees, Dr Muhammad, 2014. "Impact of Health on Earnings: Individual and District Level Analysis for Pakistan," MPRA Paper 56769, University Library of Munich, Germany, revised 20 Jun 2014.
    6. Amina Shahid & Hafiz Muhammad Abubakar Siddique & Rabia Liaqat, 2019. "Human Health and Foreign Direct Investment Nexus: Evidence from South Asia," Asian Development Policy Review, Asian Economic and Social Society, vol. 7(3), pages 209-218, September.
    7. Nikos Benos & Stelios Karagiannis, 2010. "The Role of Human Capital in Economic Growth: Evidence from Greek Regions," Chapters, in: Neri Salvadori (ed.), Institutional and Social Dynamics of Growth and Distribution, chapter 7, Edward Elgar Publishing.

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    More about this item

    Keywords

    Health; Economic Growth;

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

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