Record Details

Health Expenditure, Human Capital and Economic Growth in Tunisia: an ARDL Bounds Testing Approach

Journal of Business Management & Economics

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Field Value
 
Title Health Expenditure, Human Capital and Economic Growth in Tunisia: an ARDL Bounds Testing Approach
 
Creator GHORBEL, Asma; Hedi Chaker Hospital Hygiene Laboratory of Sfax
KALAI, Maha; Faculty of Economics and Management of Sfax
 
Description A causal relationship between human capital, health expenditure and economic growth has been a topic of agreement among a great number of researchers. The current paper is an extension of the economic growth production function models to account for additional variables that macroeconomists have identified as fundamental components of the human capital and health in terms of life expectancy and health expenditure in Tunisia during the period 1961-2012.The results of our investigations have led to identify the existence of a positive impact of the human capital on economic growth especially in the long run. However, a negative relationship between health expenditure and economic growth was noticed in the long run. On the other hand, the causality test results show that there is no bidirectional causal flow from human capital to economic growth, both in the short and long runs.
 
Publisher Journal of Business Management & Economics
 
Contributor —
 
Date 2016-09-05
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://innovativejournal.in/jbme/index.php/jbme/article/view/218
10.15520/jbme.2016.vol4.iss8.218.pp36-45
 
Source Journal of Business Management & Economics; Vol 4, No 8 (2016); 36-45
2347-5471
10.15520/jbme.2016.vol4.iss8
 
Language eng
 
Relation http://innovativejournal.in/jbme/index.php/jbme/article/view/218/pdf_102
10.15520/jbme.2016.vol4.iss8.218.228