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...
Main Authors: | , , |
---|---|
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 |
_version_ | 1818174295968317440 |
---|---|
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 |
first_indexed | 2024-12-11T19:42:08Z |
format | Article |
id | doaj.art-bdf6195890414102800544ea195d6d69 |
institution | Directory Open Access Journal |
issn | 1997-8553 2309-8619 |
language | English |
last_indexed | 2024-12-11T19:42:08Z |
publishDate | 2019-12-01 |
publisher | Johar Education Society |
record_format | Article |
series | Pakistan Journal of Commerce and Social Sciences |
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 |
work_keys_str_mv | AT fatimafarooq howdotradeopennessandpublicexpendituresaffecthealthstatusinoicmembercountriesanempiricalanalysis AT zulkornainyusop howdotradeopennessandpublicexpendituresaffecthealthstatusinoicmembercountriesanempiricalanalysis AT imransharifchaudhry howdotradeopennessandpublicexpendituresaffecthealthstatusinoicmembercountriesanempiricalanalysis |