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The causal relationship between infant mortality rate, health expenditure and economic growth in India

Introduction The Infant Mortality Rate defined as the risk for a live born child to die before its first birthday, is known to be one of the most sensitive and commonly used indicators of the social and economic development of a nation. This paper investigates the causal relationship between infant...

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Main Authors: Sharankumar Holyachi,, Prakash R. Kengnal,
Format: Article
Language:English
Published: Jabatan Kesihatan Masyarakat, Pusat Perubatan Universiti Kebangsaan Malaysia 2017
Online Access:http://journalarticle.ukm.my/11573/1/34-503-1-PB.pdf
http://journalarticle.ukm.my/11573/
http://spaj.ukm.my/ijphr/index.php/ijphr/issue/view/7
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spelling my-ukm.journal.115732018-04-13T15:59:34Z http://journalarticle.ukm.my/11573/ The causal relationship between infant mortality rate, health expenditure and economic growth in India Sharankumar Holyachi, Prakash R. Kengnal, Introduction The Infant Mortality Rate defined as the risk for a live born child to die before its first birthday, is known to be one of the most sensitive and commonly used indicators of the social and economic development of a nation. This paper investigates the causal relationship between infant mortality rate, economic growth and private health expenditure [% Gross Domestic Product (GDP)] in India using the co-integration and Granger causality frameworks for the period from 1995 to 2013 using secondary data from various sources. Methods We have examined the presence of a long-run equilibrium relationship using the bounds testing approach to co-integration within the Unrestricted Error- Correction Model (UECM). We have also examined the direction of causality between infant mortality rate, economic growth and private health expenditure (% GDP) in India using the Granger causality test within the Vector Error-Correction Model (VECM). Results and Conclusions As a summary of the empirical findings, we find the Infant Mortality Rate (IMR), Per-Capita Gross Domestic Product (PCGDP) and private health expenditure (% GDP) are co-integrated. The results of Granger Causality suggested that no short-run effect was existing between all the three variables. The error-correction term implies that the variable is non-explosive and long-run equilibrium relationship is attainable. Jabatan Kesihatan Masyarakat, Pusat Perubatan Universiti Kebangsaan Malaysia 2017 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/11573/1/34-503-1-PB.pdf Sharankumar Holyachi, and Prakash R. Kengnal, (2017) The causal relationship between infant mortality rate, health expenditure and economic growth in India. International Journal of Public Health Research, 7 (1). pp. 799-806. ISSN 2232-0245 http://spaj.ukm.my/ijphr/index.php/ijphr/issue/view/7
institution Universiti Kebangsaan Malaysia
building Perpustakaan Tun Sri Lanang Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kebangsaan Malaysia
content_source UKM Journal Article Repository
url_provider http://journalarticle.ukm.my/
language English
description Introduction The Infant Mortality Rate defined as the risk for a live born child to die before its first birthday, is known to be one of the most sensitive and commonly used indicators of the social and economic development of a nation. This paper investigates the causal relationship between infant mortality rate, economic growth and private health expenditure [% Gross Domestic Product (GDP)] in India using the co-integration and Granger causality frameworks for the period from 1995 to 2013 using secondary data from various sources. Methods We have examined the presence of a long-run equilibrium relationship using the bounds testing approach to co-integration within the Unrestricted Error- Correction Model (UECM). We have also examined the direction of causality between infant mortality rate, economic growth and private health expenditure (% GDP) in India using the Granger causality test within the Vector Error-Correction Model (VECM). Results and Conclusions As a summary of the empirical findings, we find the Infant Mortality Rate (IMR), Per-Capita Gross Domestic Product (PCGDP) and private health expenditure (% GDP) are co-integrated. The results of Granger Causality suggested that no short-run effect was existing between all the three variables. The error-correction term implies that the variable is non-explosive and long-run equilibrium relationship is attainable.
format Article
author Sharankumar Holyachi,
Prakash R. Kengnal,
spellingShingle Sharankumar Holyachi,
Prakash R. Kengnal,
The causal relationship between infant mortality rate, health expenditure and economic growth in India
author_facet Sharankumar Holyachi,
Prakash R. Kengnal,
author_sort Sharankumar Holyachi,
title The causal relationship between infant mortality rate, health expenditure and economic growth in India
title_short The causal relationship between infant mortality rate, health expenditure and economic growth in India
title_full The causal relationship between infant mortality rate, health expenditure and economic growth in India
title_fullStr The causal relationship between infant mortality rate, health expenditure and economic growth in India
title_full_unstemmed The causal relationship between infant mortality rate, health expenditure and economic growth in India
title_sort causal relationship between infant mortality rate, health expenditure and economic growth in india
publisher Jabatan Kesihatan Masyarakat, Pusat Perubatan Universiti Kebangsaan Malaysia
publishDate 2017
url http://journalarticle.ukm.my/11573/1/34-503-1-PB.pdf
http://journalarticle.ukm.my/11573/
http://spaj.ukm.my/ijphr/index.php/ijphr/issue/view/7
_version_ 1643738539825823744
score 13.211869

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