Do Higher Education and Financial Institutions Improve Health in China? A New Perspective

The importance of human wellbeing is documented in the literature of development economics because of its intensifying impacts on economic growth and productivity of labor in the long-run. To the best of the authors' knowledge, no empirical study has examined the symmetric association between C...

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Main Authors: Zhan Zhan, Ran Tao, Muhammad Umer Niaz, Dervis Kirikkaleli
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-03-01
Series:Frontiers in Public Health
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpubh.2022.874507/full
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author Zhan Zhan
Ran Tao
Muhammad Umer Niaz
Dervis Kirikkaleli
author_facet Zhan Zhan
Ran Tao
Muhammad Umer Niaz
Dervis Kirikkaleli
author_sort Zhan Zhan
collection DOAJ
description The importance of human wellbeing is documented in the literature of development economics because of its intensifying impacts on economic growth and productivity of labor in the long-run. To the best of the authors' knowledge, no empirical study has examined the symmetric association between China's financial institutional development, education, and health outcomes. Thus, our study aims to fill this vacuum by employing an autoregressive distributed lag (ARDL) approach to explore the impact of financial institutional development and education on life expectancy and infant mortality rate from 1990 to 2020. The empirical analysis reveals that financial institutional development and education report a significant increase in life expectancy and meaningful reduction in mortality rate in the long-run. Based on these findings, the study may deliver intuitive policy implications regarding improvement in health conditions that are imperative for promoting economic growth in the long-run.
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spelling doaj.art-7386623f135a4f1690a29f9aa5031d4f2022-12-22T01:00:32ZengFrontiers Media S.A.Frontiers in Public Health2296-25652022-03-011010.3389/fpubh.2022.874507874507Do Higher Education and Financial Institutions Improve Health in China? A New PerspectiveZhan Zhan0Ran Tao1Muhammad Umer Niaz2Dervis Kirikkaleli3School of Business, Wuchang University of Technology, Wuhan, ChinaQingdao Municipal Center for Disease Control and Prevention, Qingdao, ChinaFaculty of Management and Social Sciences, Capital University of Science and Technology (CUST), Islamabad, PakistanEuropean University of Lefke, Faculty of Economic and Administrative Science, Department of Banking and Finance, Lefke, TurkeyThe importance of human wellbeing is documented in the literature of development economics because of its intensifying impacts on economic growth and productivity of labor in the long-run. To the best of the authors' knowledge, no empirical study has examined the symmetric association between China's financial institutional development, education, and health outcomes. Thus, our study aims to fill this vacuum by employing an autoregressive distributed lag (ARDL) approach to explore the impact of financial institutional development and education on life expectancy and infant mortality rate from 1990 to 2020. The empirical analysis reveals that financial institutional development and education report a significant increase in life expectancy and meaningful reduction in mortality rate in the long-run. Based on these findings, the study may deliver intuitive policy implications regarding improvement in health conditions that are imperative for promoting economic growth in the long-run.https://www.frontiersin.org/articles/10.3389/fpubh.2022.874507/fullhigher educationfinancial institutionshealthChinaARDL
spellingShingle Zhan Zhan
Ran Tao
Muhammad Umer Niaz
Dervis Kirikkaleli
Do Higher Education and Financial Institutions Improve Health in China? A New Perspective
Frontiers in Public Health
higher education
financial institutions
health
China
ARDL
title Do Higher Education and Financial Institutions Improve Health in China? A New Perspective
title_full Do Higher Education and Financial Institutions Improve Health in China? A New Perspective
title_fullStr Do Higher Education and Financial Institutions Improve Health in China? A New Perspective
title_full_unstemmed Do Higher Education and Financial Institutions Improve Health in China? A New Perspective
title_short Do Higher Education and Financial Institutions Improve Health in China? A New Perspective
title_sort do higher education and financial institutions improve health in china a new perspective
topic higher education
financial institutions
health
China
ARDL
url https://www.frontiersin.org/articles/10.3389/fpubh.2022.874507/full
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AT muhammadumerniaz dohighereducationandfinancialinstitutionsimprovehealthinchinaanewperspective
AT derviskirikkaleli dohighereducationandfinancialinstitutionsimprovehealthinchinaanewperspective