Skip to main content

Does Life Expectancy, Death Rate and Public Health Expenditure matter in sustaining Economic growth under COVID-19: Empirical Evidence from Nigeria?

Alhassan, G., Adedoyin, F., Bekun, F.V. and Agabo, T., 2020. Does Life Expectancy, Death Rate and Public Health Expenditure matter in sustaining Economic growth under COVID-19: Empirical Evidence from Nigeria? Journal of Public Affairs. (In Press)

Full text available as:

[img] PDF
JPA-20-465_Proof_hi.pdf - Accepted Version
Restricted to Repository staff only until 24 August 2022.
Available under License Creative Commons Attribution Non-commercial.

323kB

Official URL: https://onlinelibrary.wiley.com/journal/14791854

DOI: 10.1002/pa.2302

Abstract

Good Health is said to be a life asset globally, health and economic growth are correlated making it a fundamental factor for sustainable economic growth. This position resonates the disposition of the United Nations Sustainable Development Goals-3 (UNSDG’s). The current health pandemic that has plagued the global of which the global south-Nigeria is not insulated from is the premise for this empirical investigation. The present study relies on recent annual time-series data to conceptualize the hypothesized claim via Pesaran’s Autoregressive distributed lag techniques. Empirical findings from the bounds test trace long-run relationship between public health expenditure and economic growth over the study span. However, unlike previous studies, we introduce life expectancy and death rate in the model. Although health expenditure is not significant, empirical results show that a 1% increase in life expectancy and death rate increases and decreases economic growth by 3.85% and 1.84% respectively. This suggests the need for the Health Policymakers in Nigeria to implement active policies that reduce death rate which is a blueprint for active engagement in the face of a global pandemic such as COVID-19. Other vital policies are also recommended.

Item Type:Article
ISSN:1472-3891
Uncontrolled Keywords:Life Expectancy; Death Rate; Health Expenditure; Economic Growth; Nigeria
Group:Faculty of Management
ID Code:34319
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:23 Jul 2020 13:45
Last Modified:09 Sep 2020 16:39

Downloads

Downloads per month over past year

More statistics for this item...
Repository Staff Only -