How Do Trade Openness and Public Expenditures Affect Health Status in OIC Member Countries? An Empirical Analysis

This paper investigates the impact of trade openness and public expenditures on health status in OIC member countries. Panel data of 47 OIC member countries from 1991 to 2017 is taken from the World Development Indicators (WDI). The econometric results are estimated using GMM technique to avoid t...

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Main Authors: Fatima Farooq, Zulkornain Yusop, Imran Sharif Chaudhry
Format: Article
Language:English
Published: Johar Education Society 2019-12-01
Series:Pakistan Journal of Commerce and Social Sciences
Subjects:
Online Access:http://jespk.net/publications/4375.pdf
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author Fatima Farooq
Zulkornain Yusop
Imran Sharif Chaudhry
author_facet Fatima Farooq
Zulkornain Yusop
Imran Sharif Chaudhry
author_sort Fatima Farooq
collection DOAJ
description This paper investigates the impact of trade openness and public expenditures on health status in OIC member countries. Panel data of 47 OIC member countries from 1991 to 2017 is taken from the World Development Indicators (WDI). The econometric results are estimated using GMM technique to avoid the endogeneity issue in panel data analysis. The results reveal that trade openness, public health expenditures, public education expenditures and economic growth are positively and significantly correlated with life expectancy in overall OIC countries and high income OIC countries. GDP is negatively and significantly correlated with life expectancy in low income OIC countries. Trade openness, public health expenditures, public education expenditures and GDP are negatively and significantly correlated with infant mortality rate in overall OIC countries and high income OIC countries. GDP has positively and significantly correlated with infant mortality rate in low income OIC countries
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spelling doaj.art-bdf6195890414102800544ea195d6d692022-12-22T00:53:00ZengJohar Education SocietyPakistan Journal of Commerce and Social Sciences1997-85532309-86192019-12-0113410411056How Do Trade Openness and Public Expenditures Affect Health Status in OIC Member Countries? An Empirical AnalysisFatima Farooq 0Zulkornain Yusop 1Imran Sharif Chaudhry 2Putra Business School, Universiti Putra MalaysiaPutra Business School, Universiti Putra MalaysiaSchool of Economics, Bahauddin Zakariya University Multan, PakistanThis paper investigates the impact of trade openness and public expenditures on health status in OIC member countries. Panel data of 47 OIC member countries from 1991 to 2017 is taken from the World Development Indicators (WDI). The econometric results are estimated using GMM technique to avoid the endogeneity issue in panel data analysis. The results reveal that trade openness, public health expenditures, public education expenditures and economic growth are positively and significantly correlated with life expectancy in overall OIC countries and high income OIC countries. GDP is negatively and significantly correlated with life expectancy in low income OIC countries. Trade openness, public health expenditures, public education expenditures and GDP are negatively and significantly correlated with infant mortality rate in overall OIC countries and high income OIC countries. GDP has positively and significantly correlated with infant mortality rate in low income OIC countrieshttp://jespk.net/publications/4375.pdftrade opennesspublic health expenditurepublic education expendituregdplife expectancyinfant mortality rateoic countries
spellingShingle Fatima Farooq
Zulkornain Yusop
Imran Sharif Chaudhry
How Do Trade Openness and Public Expenditures Affect Health Status in OIC Member Countries? An Empirical Analysis
Pakistan Journal of Commerce and Social Sciences
trade openness
public health expenditure
public education expenditure
gdp
life expectancy
infant mortality rate
oic countries
title How Do Trade Openness and Public Expenditures Affect Health Status in OIC Member Countries? An Empirical Analysis
title_full How Do Trade Openness and Public Expenditures Affect Health Status in OIC Member Countries? An Empirical Analysis
title_fullStr How Do Trade Openness and Public Expenditures Affect Health Status in OIC Member Countries? An Empirical Analysis
title_full_unstemmed How Do Trade Openness and Public Expenditures Affect Health Status in OIC Member Countries? An Empirical Analysis
title_short How Do Trade Openness and Public Expenditures Affect Health Status in OIC Member Countries? An Empirical Analysis
title_sort how do trade openness and public expenditures affect health status in oic member countries an empirical analysis
topic trade openness
public health expenditure
public education expenditure
gdp
life expectancy
infant mortality rate
oic countries
url http://jespk.net/publications/4375.pdf
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AT zulkornainyusop howdotradeopennessandpublicexpendituresaffecthealthstatusinoicmembercountriesanempiricalanalysis
AT imransharifchaudhry howdotradeopennessandpublicexpendituresaffecthealthstatusinoicmembercountriesanempiricalanalysis