The effect of health on economic growth: a meta-regression analysis
The main objective of this study is to examine the effect of health on economic growth based on 719 estimates obtained from 64 studies from all over the world. We find evidence of a publication bias towards a positive estimated effect of health on economic growth. After accounting for heterogeneity...
Gespeichert in:
| Veröffentlicht in: | Empirical economics 2022-12, Vol.63 (6), p.3211-3251 |
|---|---|
| Hauptverfasser: | , , , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 3251 |
|---|---|
| container_issue | 6 |
| container_start_page | 3211 |
| container_title | Empirical economics |
| container_volume | 63 |
| creator | Ridhwan, Masagus M. Nijkamp, Peter Ismail, Affandi M.Irsyad, Luthfi |
| description | The main objective of this study is to examine the effect of health on economic growth based on 719 estimates obtained from 64 studies from all over the world. We find evidence of a publication bias towards a positive estimated effect of health on economic growth. After accounting for heterogeneity of the estimates, we show that health has a genuine positive effect on economic growth. Less developed countries seem to enjoy a higher effect of health on growth driven by the ongoing economic–demographic transition in those countries. The variation of the health effect on economic growth is also influenced by the available data, estimation procedure, model specification, publication channel, and country characteristics in each study. Studies that do not account for endogeneity seem to create an upward bias. Studies with more comprehensive variables seem to increase the estimated effect of health on growth. A higher number of years of compulsory education, longer working experience, and more favourable environmental conditions also increase the effect size. Overall, our results confirm the key role of the health factor in explaining economic growth across countries. |
| doi_str_mv | 10.1007/s00181-022-02226-4 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_pubme</sourceid><recordid>TN_cdi_pubmedcentral_primary_oai_pubmedcentral_nih_gov_8995891</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2734425898</sourcerecordid><originalsourceid>FETCH-LOGICAL-c564t-317d52fe38ed1ece72d703643ca5344725acc600e671f76b93e4b3feb547a9d03</originalsourceid><addsrcrecordid>eNp9kU1v1DAQhi0EokvhD3BAlrhwCYw9duxwQEKr8iFV4lLOlteZbFIlcbGzRf33eJvSAgcOlg_zzOsZP4y9FPBWAJh3GUBYUYGUxyPrSj1iG6FQV7aR4jHbABpTGUR5wp7lfAkAaLV6yk5QKxRKqA3bXvTEqesoLDx2vCc_Lj2PM6cQ5zgNge9T_Ln077nnEy2-SrRPlPNQED_78SYP-Tl70vkx04u7-5R9_3R2sf1SnX_7_HX78bwKulZLhcK0WnaEllpBgYxsDWCtMHiNShmpfQg1ANVGdKbeNUhqhx3ttDK-aQFP2Yc19-qwm6gNNC_Jj-4qDZNPNy76wf1dmYfe7eO1s02jbSNKwJu7gBR_HCgvbhpyoHH0M8VDdrLWEhDKFxb09T_oZTyksnChTJlWlkBbKLlSIcWcE3X3wwhwR0dudeSKH3fryKnS9OrPNe5bfkspAF-Bo4MhP2RaKTVqsLoguCK5FOc9pYfx_vPyLwTkplQ</addsrcrecordid><sourcetype>Open Access Repository</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2734425898</pqid></control><display><type>article</type><title>The effect of health on economic growth: a meta-regression analysis</title><source>Business Source Complete</source><source>SpringerLink Journals - AutoHoldings</source><creator>Ridhwan, Masagus M. ; Nijkamp, Peter ; Ismail, Affandi ; M.Irsyad, Luthfi</creator><creatorcontrib>Ridhwan, Masagus M. ; Nijkamp, Peter ; Ismail, Affandi ; M.Irsyad, Luthfi</creatorcontrib><description>The main objective of this study is to examine the effect of health on economic growth based on 719 estimates obtained from 64 studies from all over the world. We find evidence of a publication bias towards a positive estimated effect of health on economic growth. After accounting for heterogeneity of the estimates, we show that health has a genuine positive effect on economic growth. Less developed countries seem to enjoy a higher effect of health on growth driven by the ongoing economic–demographic transition in those countries. The variation of the health effect on economic growth is also influenced by the available data, estimation procedure, model specification, publication channel, and country characteristics in each study. Studies that do not account for endogeneity seem to create an upward bias. Studies with more comprehensive variables seem to increase the estimated effect of health on growth. A higher number of years of compulsory education, longer working experience, and more favourable environmental conditions also increase the effect size. Overall, our results confirm the key role of the health factor in explaining economic growth across countries.</description><identifier>ISSN: 0377-7332</identifier><identifier>EISSN: 1435-8921</identifier><identifier>DOI: 10.1007/s00181-022-02226-4</identifier><identifier>PMID: 35431414</identifier><language>eng</language><publisher>Berlin/Heidelberg: Springer Berlin Heidelberg</publisher><subject>Bias ; Compulsory education ; Coronaviruses ; COVID-19 ; Demographic transition ; Developing countries ; Econometrics ; Economic activity ; Economic growth ; Economic theory ; Economic Theory/Quantitative Economics/Mathematical Methods ; Economics ; Economics and Finance ; Education ; Environmental conditions ; Estimates ; Finance ; Human capital ; Insurance ; LDCs ; Literature reviews ; Management ; Medical research ; Meta-analysis ; Pandemics ; Productivity ; Regression analysis ; Specification ; Statistics for Business ; Variables</subject><ispartof>Empirical economics, 2022-12, Vol.63 (6), p.3211-3251</ispartof><rights>The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2022</rights><rights>The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2022.</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c564t-317d52fe38ed1ece72d703643ca5344725acc600e671f76b93e4b3feb547a9d03</citedby><cites>FETCH-LOGICAL-c564t-317d52fe38ed1ece72d703643ca5344725acc600e671f76b93e4b3feb547a9d03</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://link.springer.com/content/pdf/10.1007/s00181-022-02226-4$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s00181-022-02226-4$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>230,314,776,780,881,27901,27902,41464,42533,51294</link.rule.ids><backlink>$$Uhttps://www.ncbi.nlm.nih.gov/pubmed/35431414$$D View this record in MEDLINE/PubMed$$Hfree_for_read</backlink></links><search><creatorcontrib>Ridhwan, Masagus M.</creatorcontrib><creatorcontrib>Nijkamp, Peter</creatorcontrib><creatorcontrib>Ismail, Affandi</creatorcontrib><creatorcontrib>M.Irsyad, Luthfi</creatorcontrib><title>The effect of health on economic growth: a meta-regression analysis</title><title>Empirical economics</title><addtitle>Empir Econ</addtitle><addtitle>Empir Econ</addtitle><description>The main objective of this study is to examine the effect of health on economic growth based on 719 estimates obtained from 64 studies from all over the world. We find evidence of a publication bias towards a positive estimated effect of health on economic growth. After accounting for heterogeneity of the estimates, we show that health has a genuine positive effect on economic growth. Less developed countries seem to enjoy a higher effect of health on growth driven by the ongoing economic–demographic transition in those countries. The variation of the health effect on economic growth is also influenced by the available data, estimation procedure, model specification, publication channel, and country characteristics in each study. Studies that do not account for endogeneity seem to create an upward bias. Studies with more comprehensive variables seem to increase the estimated effect of health on growth. A higher number of years of compulsory education, longer working experience, and more favourable environmental conditions also increase the effect size. Overall, our results confirm the key role of the health factor in explaining economic growth across countries.</description><subject>Bias</subject><subject>Compulsory education</subject><subject>Coronaviruses</subject><subject>COVID-19</subject><subject>Demographic transition</subject><subject>Developing countries</subject><subject>Econometrics</subject><subject>Economic activity</subject><subject>Economic growth</subject><subject>Economic theory</subject><subject>Economic Theory/Quantitative Economics/Mathematical Methods</subject><subject>Economics</subject><subject>Economics and Finance</subject><subject>Education</subject><subject>Environmental conditions</subject><subject>Estimates</subject><subject>Finance</subject><subject>Human capital</subject><subject>Insurance</subject><subject>LDCs</subject><subject>Literature reviews</subject><subject>Management</subject><subject>Medical research</subject><subject>Meta-analysis</subject><subject>Pandemics</subject><subject>Productivity</subject><subject>Regression analysis</subject><subject>Specification</subject><subject>Statistics for Business</subject><subject>Variables</subject><issn>0377-7332</issn><issn>1435-8921</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2022</creationdate><recordtype>article</recordtype><sourceid>BENPR</sourceid><recordid>eNp9kU1v1DAQhi0EokvhD3BAlrhwCYw9duxwQEKr8iFV4lLOlteZbFIlcbGzRf33eJvSAgcOlg_zzOsZP4y9FPBWAJh3GUBYUYGUxyPrSj1iG6FQV7aR4jHbABpTGUR5wp7lfAkAaLV6yk5QKxRKqA3bXvTEqesoLDx2vCc_Lj2PM6cQ5zgNge9T_Ln077nnEy2-SrRPlPNQED_78SYP-Tl70vkx04u7-5R9_3R2sf1SnX_7_HX78bwKulZLhcK0WnaEllpBgYxsDWCtMHiNShmpfQg1ANVGdKbeNUhqhx3ttDK-aQFP2Yc19-qwm6gNNC_Jj-4qDZNPNy76wf1dmYfe7eO1s02jbSNKwJu7gBR_HCgvbhpyoHH0M8VDdrLWEhDKFxb09T_oZTyksnChTJlWlkBbKLlSIcWcE3X3wwhwR0dudeSKH3fryKnS9OrPNe5bfkspAF-Bo4MhP2RaKTVqsLoguCK5FOc9pYfx_vPyLwTkplQ</recordid><startdate>20221201</startdate><enddate>20221201</enddate><creator>Ridhwan, Masagus M.</creator><creator>Nijkamp, Peter</creator><creator>Ismail, Affandi</creator><creator>M.Irsyad, Luthfi</creator><general>Springer Berlin Heidelberg</general><general>Springer Nature B.V</general><scope>OQ6</scope><scope>NPM</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>3V.</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>8AO</scope><scope>8BJ</scope><scope>8FK</scope><scope>8FL</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FQK</scope><scope>FRNLG</scope><scope>F~G</scope><scope>JBE</scope><scope>K60</scope><scope>K6~</scope><scope>K8~</scope><scope>L.-</scope><scope>M0C</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope><scope>7X8</scope><scope>5PM</scope></search><sort><creationdate>20221201</creationdate><title>The effect of health on economic growth: a meta-regression analysis</title><author>Ridhwan, Masagus M. ; Nijkamp, Peter ; Ismail, Affandi ; M.Irsyad, Luthfi</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c564t-317d52fe38ed1ece72d703643ca5344725acc600e671f76b93e4b3feb547a9d03</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2022</creationdate><topic>Bias</topic><topic>Compulsory education</topic><topic>Coronaviruses</topic><topic>COVID-19</topic><topic>Demographic transition</topic><topic>Developing countries</topic><topic>Econometrics</topic><topic>Economic activity</topic><topic>Economic growth</topic><topic>Economic theory</topic><topic>Economic Theory/Quantitative Economics/Mathematical Methods</topic><topic>Economics</topic><topic>Economics and Finance</topic><topic>Education</topic><topic>Environmental conditions</topic><topic>Estimates</topic><topic>Finance</topic><topic>Human capital</topic><topic>Insurance</topic><topic>LDCs</topic><topic>Literature reviews</topic><topic>Management</topic><topic>Medical research</topic><topic>Meta-analysis</topic><topic>Pandemics</topic><topic>Productivity</topic><topic>Regression analysis</topic><topic>Specification</topic><topic>Statistics for Business</topic><topic>Variables</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Ridhwan, Masagus M.</creatorcontrib><creatorcontrib>Nijkamp, Peter</creatorcontrib><creatorcontrib>Ismail, Affandi</creatorcontrib><creatorcontrib>M.Irsyad, Luthfi</creatorcontrib><collection>ECONIS</collection><collection>PubMed</collection><collection>CrossRef</collection><collection>ProQuest Central (Corporate)</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>ProQuest Pharma Collection</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>International Bibliography of the Social Sciences</collection><collection>Business Premium Collection (Alumni)</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>International Bibliography of the Social Sciences</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>DELNET Management Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Global</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central Basic</collection><collection>MEDLINE - Academic</collection><collection>PubMed Central (Full Participant titles)</collection><jtitle>Empirical economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Ridhwan, Masagus M.</au><au>Nijkamp, Peter</au><au>Ismail, Affandi</au><au>M.Irsyad, Luthfi</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The effect of health on economic growth: a meta-regression analysis</atitle><jtitle>Empirical economics</jtitle><stitle>Empir Econ</stitle><addtitle>Empir Econ</addtitle><date>2022-12-01</date><risdate>2022</risdate><volume>63</volume><issue>6</issue><spage>3211</spage><epage>3251</epage><pages>3211-3251</pages><issn>0377-7332</issn><eissn>1435-8921</eissn><abstract>The main objective of this study is to examine the effect of health on economic growth based on 719 estimates obtained from 64 studies from all over the world. We find evidence of a publication bias towards a positive estimated effect of health on economic growth. After accounting for heterogeneity of the estimates, we show that health has a genuine positive effect on economic growth. Less developed countries seem to enjoy a higher effect of health on growth driven by the ongoing economic–demographic transition in those countries. The variation of the health effect on economic growth is also influenced by the available data, estimation procedure, model specification, publication channel, and country characteristics in each study. Studies that do not account for endogeneity seem to create an upward bias. Studies with more comprehensive variables seem to increase the estimated effect of health on growth. A higher number of years of compulsory education, longer working experience, and more favourable environmental conditions also increase the effect size. Overall, our results confirm the key role of the health factor in explaining economic growth across countries.</abstract><cop>Berlin/Heidelberg</cop><pub>Springer Berlin Heidelberg</pub><pmid>35431414</pmid><doi>10.1007/s00181-022-02226-4</doi><tpages>41</tpages><oa>free_for_read</oa></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0377-7332 |
| ispartof | Empirical economics, 2022-12, Vol.63 (6), p.3211-3251 |
| issn | 0377-7332 1435-8921 |
| language | eng |
| recordid | cdi_pubmedcentral_primary_oai_pubmedcentral_nih_gov_8995891 |
| source | Business Source Complete; SpringerLink Journals - AutoHoldings |
| subjects | Bias Compulsory education Coronaviruses COVID-19 Demographic transition Developing countries Econometrics Economic activity Economic growth Economic theory Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics and Finance Education Environmental conditions Estimates Finance Human capital Insurance LDCs Literature reviews Management Medical research Meta-analysis Pandemics Productivity Regression analysis Specification Statistics for Business Variables |
| title | The effect of health on economic growth: a meta-regression analysis |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-09T03%3A46%3A34IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_pubme&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=The%20effect%20of%20health%20on%20economic%20growth:%20a%20meta-regression%20analysis&rft.jtitle=Empirical%20economics&rft.au=Ridhwan,%20Masagus%20M.&rft.date=2022-12-01&rft.volume=63&rft.issue=6&rft.spage=3211&rft.epage=3251&rft.pages=3211-3251&rft.issn=0377-7332&rft.eissn=1435-8921&rft_id=info:doi/10.1007/s00181-022-02226-4&rft_dat=%3Cproquest_pubme%3E2734425898%3C/proquest_pubme%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=2734425898&rft_id=info:pmid/35431414&rfr_iscdi=true |