The Wealth-Health Nexus: New Global Evidence

Vishal Jaunky ()

Atlantic Economic Journal, 2013, vol. 41, issue 2, 115-122

Abstract: Using a world sample of countries, this paper re-examines the U-shaped relationship between per capita GDP (wealth) and life expectancy at birth (health). Since cross-sectional dependence across countries is detected, second-generation panel unit root and cointegration tests are employed. All the variables are found to be integrated in one order as well as cointegrated. Various quadratic specifications are also employed and the hypothesis is confirmed. Copyright International Atlantic Economic Society 2013

Keywords: Per capita GDP; Life expectancy; Cross-sectional dependence; Panel FMOLS; I15; C33; O11 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:kap:atlecj:v:41:y:2013:i:2:p:115-122

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DOI: 10.1007/s11293-012-9347-x

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