Population Health and Economic Growth in Sub-Saharan Africa: A Panel Cointegration Analysis
Prince Frimpong () and
George Adu
Journal of African Business, 2014, vol. 15, issue 1, 36-48
Abstract:
The article investigates the extent to which the health of the population affects the economic performance using panel data for 30 Sub-Saharan African countries for the period 1970--2010. Using a theoretical model based on an augmented Solow growth model, the authors estimate the relationship between population health capital and economic growth in Sub-Saharan Africa using panel cointegration econometric strategy. They find that the health status of the population has not significantly driven economic performance. Accounting for the effect of HIV/AIDS, however, resulted in a significant negative effect of population health on economic growth. Furthermore, the obverse seems rather plausibly the case, as economic growth significantly increases life expectancy in the region.
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:taf:wjabxx:v:15:y:2014:i:1:p:36-48
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DOI: 10.1080/15228916.2014.881227
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