The Evaluation of Health Situation and Economic Growth in Selected Asia and Pacific countries

Health situation as a prominent part of human capital has important effects on economic growth. In this paper, effects of health condition on economic growth have been examined by using of several proxies to measure health situation. To this end, data of selected Asia and pacific selected countries(These countries include Australia, Brunei Darussalam, Cambodia, China, Indonesia, Japan, Malaysia, Lao PDR, Korea Republic, Mongolia, New Zealand, Thailand, Vietnam, Solomon Islands, Samoa, Singapore, Philippines and Papua New Guinea) from 1995 to 2013 are collected from World Bank database and tested property of data stationary by Fisher-ADF panel data unit root test and cointegration between model variables by Pedroni panel cointegration test. The estimation results show that capital stock, labor force, Trade openness and Liquidity have positive and statistically significant effects on economic growth. Also, health situation has positive and significant effects on economic growth, if health situation measured by per capita health expenditure, life expectancy, Hospital Bed (per 1000 people) and Public health expenditure.

کلیدواژه ها:

Health Situation ، Economic Growth ، Panel Data ، Asia and Pacific ، Panel Cointegration