Accesso libero

Public Health Investment, Human Capital Accumulation, and Labour Productivity: Evidence from West Africa

INFORMAZIONI SU QUESTO ARTICOLO

Cita

Abdul-Wahaba A. O. & Kefelib Z., (2016). Projecting a long-term expenditure growth in healthcare service: a literature review. Procedia economics and finance. 37 (2016),152-157 Search in Google Scholar

Abdychev, A., Jirasavetakul, L. F., Jonelis, A., Leigh, L., Moheeput, A., Parulian, F. Stepanyan, A. & Mama, A. T. (2015). Increasing productivity growth in middle-income countries. International Monetary Fund working paper 15/2.10.5089/9781484328439.001 Search in Google Scholar

Adewumi, B. & Enebe, E. (2019). Government educational expenditure and human capital development in West African countries. International Journal of Research and Innovation in Social Science, 3(6), 24-54. Search in Google Scholar

Ali M, Egbetokun A. & Memon M. H. (2018) Human capital, social capabilities, and economic growth. Economies. 6(2). doi: 10.3390/economies6010002 Open DOISearch in Google Scholar

Alimi, R. S., (2018). Growth effect of government expenditures in West African countries: A nonlinear framework. Munich Personal RePEc Archive. No. 99108. Available online at https://mpra.ub.uni-muenchen.de/99108/. Accessed on October, 20, 2021. Search in Google Scholar

Anowor O. F., Ichoku, H. & Onodugo V A. (2020). Nexus between healthcare financing and output per capita: Analysis of countries in ECOWAS sub-region. Cogent Economics & Finance, 8(1). DOI: 10.1080/23322039.2020.1832729 Open DOISearch in Google Scholar

Anyanwu, S. O., Adam, J. A., Obi, B. & Yelwa M. (2015). Human capital development and economic growth in Nigeria. Journal of Economics and Sustainable Development, 6(14). 16-26. Search in Google Scholar

Apostolidou, I., Kontogeorgos, A., Michailidis, A., & Loizou, E. (2014). The role of agriculture in economic growth: a comparison of Mediterranean and Northern views in Europe. International Journal of Economic Sciences and Applied Research, 7(3), 81-102. Search in Google Scholar

Asafu-Adjaye, P. (2012). Private returns on Education in Ghana: estimating the effects of Education on employability in Ghana. African Sociological Review, 16(1), 121-139. Search in Google Scholar

Auzina-Emsinaa, A. (2014). Labour productivity, economic growth, and global competitiveness in the post-crisis period. Procedia - Social and Behavioral Sciences 156 (2014) 317 – 321. https://doi.org/10.1016/j.sbspro.2014.11.195 Search in Google Scholar

Awotunde, I. (2018). Capital Accumulation and Labour Productivity Growth in Nigeria. International Journal of Economics and Financial Research, 4(6), 171–179. Search in Google Scholar

Azam A., Rafiq, M., Shafique M. & Yuan J., (2021). Renewable electricity generation and economic growth nexus in developing countries: An ARDL approach. Economic Research-Ekonomska Istraživanja, 34(1). DOI: 10.1080/1331677X.2020.1865180 Open DOISearch in Google Scholar

Basir, Herath & Gebremedhin, (2012). An Empirical Analysis of Higher Education and Economic Growth in West Virginia. Research in Agricultural and Applied Economics. https://doi.or./10.22004/ag.econ.124829 Search in Google Scholar

Bloom D. Canning D. & Chan K. (2005). Higher Education and economic development in Africa. Harvard University. Search in Google Scholar

Bloom, D. E. (2007). Education, health, and development. American Academy of Arts and Sciences. DOI: 10.1.1.472.3575. Open DOISearch in Google Scholar

Bloom, D. E., Canning, D., Kotschy, R., Prettner, K & Schünemann, J., (2018). Health and Economic Growth: Reconciling the Micro and Macro Evidence. IZA – Institute of Labour Economics.10.2139/ssrn.3301689 Search in Google Scholar

Bokana, K. G., & Akinola, G. W. (2017). Productivity effects of higher Education human capital in selected countries of Sub-Saharan Africa. Journal of Economics and Business 35(1), 173-198. Search in Google Scholar

Boussalem F., Boussalem Z. & Taiba A. (2014). The relationship between public spending on health and economic growth in Algeria: Testing for cointegration and causality. International journal of business and management.2 (3), 25-39. Search in Google Scholar

Brown R. & Rocha A., (2020). Entrepreneurial uncertainty during the Covid-19 crisis: Mapping the temporal dynamics of entrepreneurial finance. Journal of Business Venturing Insights. https://doi.org/10.1016/j.jbvi.2020.e00174 Search in Google Scholar

Danquah, M., & Ouattara, B. (2014). Productivity growth, human capital, and distance to frontier in Sub-Saharan Africa. Journal of Economic Development. 39(4), 27-48.10.35866/caujed.2014.39.4.002 Search in Google Scholar

De La Fuente, A. (2011). Human capital and productivity. Nordic economic, 2(2), 103–132. Search in Google Scholar

Dzigbede, K. D., & Pathak, R. (2020). COVID-19 economic shocks and fiscal policy options for Ghana. Journal of Public Budgeting, Accounting & Financial Management, 32(5). https://doi.org/10.1108/JPBAFM-07-2020-0127 Search in Google Scholar

Eggoh, J., Houeninvo, H., & Sossou, G. A. (2015). Education, health, and economic growth in African countries. Journal of Economic Development, 40(1), 93.10.35866/caujed.2015.40.1.004 Search in Google Scholar

Eneji, M. A., Dickson, V. J. and Onabe, B. J. (2013). Health care expenditure, health status, and national productivity in Nigeria. Journal of Economics and International Finance, 5(7), 258-272.10.5897/JEIF2013.0523 Search in Google Scholar

Erçelik, G. (2018). The relationship between health expenditure and economic growth in Turkey from 1980 to 2015. Journal of Politics, Economy and Management, 1(1), 1-8. Search in Google Scholar

Erken, H. Donselaar, P & Thurik, A. R. (2008). Total factor productivity and the role of entrepreneur-ship. Jena Economic Research Papers, No. 2008,019. Search in Google Scholar

Fagbemi F. (2021). COVID-19 and sustainable development goals (SDGs): An appraisal of the emanating effects in Nigeria. Research in Globalization https://doi.org/10.1016/j.resglo.2021.100047 Search in Google Scholar

Fashina, O. A., Asaleye, A.J., Ogunjobi, J.O., & Lawal, A.I. (2018). Foreign aid, human capital and economic growth nexus: Evidence from Nigeria. Journal of international studies, 11(2), 104-117.10.14254/2071-8330.2018/11-2/8 Search in Google Scholar

Freire-Serén, M. (2001). Human capital accumulation and economic growth. Investigaciones económicas, 25(5), 585-602. Search in Google Scholar

Gyimah-Brempong, K., Paddison, O., & Mitiku, W. (2006). Higher Education and economic growth in Africa. The Journal of Development Studies, 42(3), 509-529.10.1080/00220380600576490 Search in Google Scholar

Hanushek, E. A., & Wößmann, L. (2007). The role of education quality for economic growth. World Bank policy research working paper, (4122). Available online at SSRN: https://ssrn.com/abstract=96037910.1596/1813-9450-4122 Search in Google Scholar

Ibe, R. C., & Olulu-Briggs, O. V. (2015). Any Nexus between Public Health Expenditure and Economic Growth in Nigeria. International journal of banking and finance research, 1(8), 3-11. Search in Google Scholar

Ibrahim, T., (2016). Human Capital-Growth nexus: the role of government spending on Education and Health in Nigeria. Munich personal RePEc Archive. 73712(17). Available online at https://mpra.ub.uni-muenchen.de/73712/ Search in Google Scholar

Im K., Pesaran M., Shin Y. (2003). Testing for unit roots in heterogeneous panels. Journal of Econometrics, 115(1), 53-74.10.1016/S0304-4076(03)00092-7 Search in Google Scholar

Isreal A. I., Kaliappan S. R. & Hamzah H. Z. (2019). Impact of health capital on total factor productivity in Singapore. Jurnal ekonomi Malaysia, 53(2), 83 – 98. Search in Google Scholar

Jajri I. and Ismail R. (2010). Impact of labour quality on labour productivity and economic growth. African journal of business management, 4(4), 486-495. Search in Google Scholar

Kareem S. D., Samuel, O. O. & Olusegun A. K. (2017). Effects of government health and education expenditures on economic growth in Nigeria international. Journal of Social & Management Sciences, Madonna University, 1(2017), 118 – 130. Search in Google Scholar

Kelani F. A., Odunayo, H. A. & Ozegbe, A. E. (2019). Health status, labour productivity, and economic growth in Nigeria. Journal of Economics, Management, and trade, 23(1), 1-12. Search in Google Scholar

Kleynhans E. P. & Labuschagne J. R. (2012). Human Capital Constraints in South Africa: A Firm-Level Analysis. University of Primorska. Search in Google Scholar

Kpognon, K. & Bah, M. (2019). Does institutional quality contribute to increasing labour productivity in sub-Saharan Africa? An empirical analysis. Munich Personal RePEc Archive working paper no 98674. https://mpra.ub.uni-muenchen.de/98674/. Search in Google Scholar

Lawanson, A. O. (2015). Economic growth experience of West African region: does human capital matter? International Journal of Business and Social Science, 6(12), 127-137. Search in Google Scholar

Levin A., Lin C., & Chu C. (2002). Unit root test in panel data: asymptotic and finite-sample properties. Journal of Econometrics, 108(1),1-24.10.1016/S0304-4076(01)00098-7 Search in Google Scholar

Lopez, L., & Weber, S. (2017). Testing for Granger causality in panel data Testing for Granger causality in panel data. The Stata Journal, 17(4), 972-984.10.1177/1536867X1801700412 Search in Google Scholar

Lucas Jr, R. E. (1988). On the mechanics of economic development. Journal of monetary economics, 22(1), 3-42.10.1016/0304-3932(88)90168-7 Search in Google Scholar

Mankiw, G., Romer, D. & Weil, D. (1992). A Contribution to the Empirics of Economic Growth. Quarterly Journal of Economics, 107(2), 407-437.10.2307/2118477 Search in Google Scholar

Mathias A. E., Dickson v. J. & Bisong j. O. (2013). Healthcare expenditure, health status, and national productivity in Nigeria (1999-2012). Journal of International Finance and Economics, 5(7), 258-27210.5897/JEIF2013.0523 Search in Google Scholar

Menegaki, A. N. (2019). The ARDL Method in the Energy-Growth Nexus Field; Best Implementation Strategies. Economies, 7, 105; doi: 10.3390/economies7040105 Open DOISearch in Google Scholar

Mensah, I. A., Sun, M., Gao, C., Omari-Sasu, A. Y., Zhu, D., Ampimah, B. C., & Quarcoo, A. (2019). Analysis on the nexus of economic growth, fossil fuel energy consumption, CO2 emissions, and oil price in Africa based on a PMG panel ARDL approach. Journal of Cleaner Production, 228, 161-174.10.1016/j.jclepro.2019.04.281 Search in Google Scholar

Muktdair-Al-Mukit, D. (2012). Public expenditure on Education and economic growth: the case of Bangladesh. International Journal of Applied Research in Business, Administration & Economics, 1(4), 10-18. Search in Google Scholar

Nowak, A., & Kijek, T. (2016).The effect of human capital on labour productivity of farms in Poland. Studies in Agricultural Economics, 118(1), 16-21.10.7896/j.1606 Search in Google Scholar

Nusair, S. A (2019). Oil price and inflation dynamics in the Gulf Cooperation Council countries. Energy, DOI: 10.1016/j.energy.2019.05.208. Open DOISearch in Google Scholar

Ogunleye, O. O., Owolabi O. A., Sanyaolu O.A. & Lawal O. O. (2017). Human capital development and economic growth in Nigeria. Journal of Business Management 3(8), 17-37. Search in Google Scholar

Ogunniyi, M. B. (2018). Human capital formation and economic growth in Nigeria: a time-bound testing approach (1981-2014). African educational research journal. 6(2), 80-87.10.30918/AERJ.62.17.046 Search in Google Scholar

Okowa, E., & Vincent, M. O., (2019). Human capital development and labour productivity in Nigeria. Australian Research Journal of Humanities, Management, and Social Sciences, 11(1), 142-155. Search in Google Scholar

Okubal, P. J. E. (2005). Education expenditure, human capital and economic growth in Uganda: time series analysis (1962 - 2002). Institute of Social Studies, 3(5). Search in Google Scholar

Omitogun, O., Osoba, A. M., & Tella, S. A. (2016). An interactive effect of human capital variables and economic growth in Nigeria. Acta universittatis danubius, 12(5), 108-119. Search in Google Scholar

Oni B., (2014). Analysis of the growth impact of health expenditure in Nigeria. Journal of Economics and Finance, 3(1), 77-84. Search in Google Scholar

Onisanwa, I. D. (2014).The impact of health on economic growth in Nigeria. Health economic review 7(23) (2017). Https://doi.org/10.1186/s13561-017-0159-1. Search in Google Scholar

Pasaran, M. H., Mutambirwa T. K. & Diko N. (2020). The Trivariate Causality among Education, Health, and Economic Growth in Zimbabwe. Sustainability, 1357; doi: 10.3390/su12041357 Open DOISearch in Google Scholar

Pesaran, M. H., and Yamagata T. (2008). Testing slope homogeneity in large panels. Journal of Econometrics 142, 50–93.10.1016/j.jeconom.2007.05.010 Search in Google Scholar

Pesaran, M. H., & Shin, Y. (1999). An autoregressive distributed lag modelling approach to cointegration “chapter 11. In Econometrics and Economic Theory in the 20th Century: The Ragnar Frisch Centennial Symposium. Search in Google Scholar

Pesaran, M. H. & Smith, R. (1995). Estimating Long-Run Relationships from Dynamic Heterogeneous Panels. Journal of Econometrics, 68(1), 79-113.10.1016/0304-4076(94)01644-F Search in Google Scholar

Pesaran, M. H. (1997). The Role of Econometric Theory in Modelling the Long Run. Economic Journal, 107(440), 178-191.10.1111/1468-0297.00151 Search in Google Scholar

Pesaran, M. H., Shin, Y. & Smith, R., (1999). Pooled Mean Group Estimation of Dynamic Heterogeneous Panels. Journal of the American Statistical Association, 94(446), 621-634.10.1080/01621459.1999.10474156 Search in Google Scholar

Pesaran, M. H., Shin, Y., & Smith, R. (1997). Pooled Estimation of Long-Run Relationships in Dynamic Heterogeneous Panels. Department of Applied Economics University of Cambridge. Remi, Daniel & Efegbere (2020). What role does health play in enhancing labour productivity in Nigeria? Journal of international studies, 11(2), 104-117. Search in Google Scholar

Roodman, D. (2009). How to Do xtabond2: An introduction to “Difference” and “System” GMM in Stata. The Stata Journal, 9 (1), 86–136.10.1177/1536867X0900900106 Search in Google Scholar

Samargandi, N., Fidrmuc, J., & Ghosh, S. (2013). Is the relationship between financial development and economic growth monotonic for middle-income countries ? Is there relationship between financial development and economic? Economics and Finance Working Paper Series, 13-2. http://www.brunel.ac.uk/economics Search in Google Scholar

Song, L., & Zhou, Y. (2020). The COVID-19 pandemic and its impact on the global economy: What does it take to turn crisis into opportunity? China & World Economy, 28(4), 1-25.10.1111/cwe.12349 Search in Google Scholar

Tabar F. J., Najafi Z. & Badooei Y. S. (2017). The Impact of Educational Expenditures of Government on Economic Growth of Iran. AD-minister, (30). https://doi.org/10.17230/ad-minister.30.11 Search in Google Scholar

Todaro. P. M. & Smith, C. S. (2012). Development economics (11th ed). Addison-Wesley. Search in Google Scholar

Tsaurai k. (2014). Is Wagner’s theory relevant in explaining? Health expenditure dynamics in Botswana. Journal of governance and regulation. 3 (4).10.22495/jgr_v3_i4_c1_p3 Search in Google Scholar

Umoru, D., & Yaqub, J. O. (2013). Labour productivity and health capital in Nigeria: The empirical evidence. International Journal of Humanities and Social Science, 3(4), 199-221. Search in Google Scholar

United States Agency for International Development, (2021). West African Region. United States Agency for International Development Search in Google Scholar