Does Economic Growth has any Relationship with Health Status in India - An Empirical Investigation

Authors: Dr. Mrs. Harish

Country: India

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Abstract: The article explores the impact of several health variables (both input and output) on India's economic growth. Cointegration and Error Correction econometric approaches were used on data from 1970 to 2010. Toda-Yamamoto causality test was used to determine the direction of causality between health condition and economic growth. The data imply that the impact of health is not only a long-term phenomenon, but also the short-term one showing significant effects. Growth has remained a risk factor for Health Status. Additionally, the data shows that the amount spent on public health has a little impact on GDP per capita.

Keywords: Health, Human Capital, Per Capita GDP, Cointegration, Error Correction Model, Toda-Yamamoto Causality Test

Paper Id: 1701

Published On: 2016-07-11

Published In: Volume 4, Issue 4, July-August 2016

Cite This: Does Economic Growth has any Relationship with Health Status in India - An Empirical Investigation - Dr. Mrs. Harish - IJIRMPS Volume 4, Issue 4, July-August 2016.

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