Relationship between Health, Education, and Economic Growth in Southeast Asian Region

Nutcha Sawatdirakpong () and Rossarin Osathanunkul
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Nutcha Sawatdirakpong: Chiang Mai University
Rossarin Osathanunkul: Chiang Mai University

The Empirical Econometrics and Quantitative Economics Letters, 2012, vol. 1, issue 2, 97-110

Abstract: The purpose of this research paper is to examine the impact of human capital in terms of health and education on economic growth of nine countries in Southeast Asia. The empirical results are based on the analysis of annual panel data from 1960 to 2009. The methods used in this research are various standard methods of unit roots test. Panel data estimation methods consist of pooled OLS, fixed effects model, and random effects model. The optimal estimation model was determined by Hausman test. The results show that the impact of health and education on economic growth are statistically significant. This study consists of economic theories and using of statistical economics which can be applied for policy making in Southeast Asian region.

Keywords: Economic growth; Health; Education; Southeast Asia; ASEAN (search for similar items in EconPapers)
JEL-codes: I15 I25 O15 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:chi:journl:v:1:y:2012:i:2:p:97-110

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