The Wealth-Health Nexus: New Global Evidence
- Vishal Chandr Jaunky
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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.
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- The Wealth-Health Nexus: New Global Evidence
Atlantic Economic Journal
Volume 41, Issue 2 , pp 115-122
- Cover Date
- Print ISSN
- Online ISSN
- Springer US
- Additional Links
- Per capita GDP
- Life expectancy
- Cross-sectional dependence
- Panel FMOLS
- Industry Sectors
- Author Affiliations
- 1. Centre for Energy Policy and Economics, ETH Zurich, Zurichbergstrasse 18, 8032, Zurich, Switzerland