Effect of health on economic growth in developed and developing countries: A Panel data study of developed and developing countries
Publish Year: 1392
نوع سند: مقاله کنفرانسی
زبان: English
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شناسه ملی سند علمی:
ECONF01_573
تاریخ نمایه سازی: 21 تیر 1393
Abstract:
In this paper , we investigate the effect of health, such as Fertility rate, total(birth per woman), Life expectancy at birth, total (years) and Mortality rate,under-5(per 1000 live birth), as well as capital stock on the economic growth of 16 developed countries and 14 developing countries using Panel Unit Root and Panel Data Model for the period 1990-2010. In this investigation we have found that capital stock and Life expectancy have a statistically significant positive effect on economic growth in both groups of countries. Mortality rate has a statistically significant negative effect on economic growth in both groups of countries. On the other hand fertility rate has a statistically significant positive effect on economic growth in developed countries while it has a statistically significant negative effect on economic growth in developing countries. Also the study results show that the fixed effects approach is more appropriate.
Keywords:
Economic growth , Capital Stock , Fertility rate , Life expectancy at birth , Mortality rate , under-5
Authors
Somayeh Heydari
Islamic Azad University South Tehran Branch, Faculty of Law- Political science- Economic,Tehran,Iran
Teymoor Mohammadi
Allameh Tabatabai university, faculty of economics, Tehran, Iran
Mina Shariat Bahadori
Islamic Azad University South Tehran Branch, Faculty of Law- Political science- Economic,Tehran,Ira