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The Impact of Health Indicators on Economic Growth in Myanmar (1993 - 2018) (May Me Me Ko, 2021)
https://meral.edu.mm/records/8157
https://meral.edu.mm/records/8157e09aaf19-3661-471d-ab7b-d5c825942326
2efb2096-2bca-47ca-8f14-29538b741ba4
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Title | The Impact of Health Indicators on Economic Growth in Myanmar (1993 - 2018) (May Me Me Ko, 2021) | |||||
Language | en | |||||
Publication date | 2021-01-01 | |||||
Authors | ||||||
May Me Me Ko | ||||||
Description | ||||||
This study attempts to investigate the impact of health indicators on economic growth in Myanmar. Secondary time series data ranging from 1993 to 2018 were used in this study. GDP per capita was used as dependent variable for economic growth. Life expectancy at birth, infant mortality rate, fertility rate and health expenditure were used as independent variables for health indicators. The study is mainly an empirical investigation which employs the Unit Root tests, Johansen Cointegration test, Vector Error Correction Model (VECM) and Granger Causality analysis using annual time series data for the period 1993-2018. The stationary of variables is established at I (1) and the cointegration test shows that long run equilibrium relationship exists among the variables. The findings from the VECM showed that all health indicators have statistically significance impact on economic growth in the long run. However, in the short run, only the fertility rate has impact on economic growth. This study also showed that there was unidirectional causal relationship running from economic growth to fertility rate. This study recommends that to achieve the great and continual economic growth, there is require extending investment in health sectors. |
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Thesis/dissertations | ||||||
Yangon University of Economics | ||||||
Dr. Sanda Thein |