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Analysis of the Impact of External Debt on Health in an Emerging Asian Economy: Does FDI Matter?
In this study, our main objective is to find the impact of FDI and external debt on health outcomes in emerging Asian economies from 1991 to 2019. To that end, we have collected data for seven economies: Bangladesh, Malaysia, Philippines, Thailand, Sri Lanka, China, and India. We have relied on the...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Frontiers Media S.A.
2022
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8841654/ https://www.ncbi.nlm.nih.gov/pubmed/35174125 http://dx.doi.org/10.3389/fpubh.2022.824073 |
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author | Ma, Yechi Hu, Mengyun Zafar, Quratulain |
author_facet | Ma, Yechi Hu, Mengyun Zafar, Quratulain |
author_sort | Ma, Yechi |
collection | PubMed |
description | In this study, our main objective is to find the impact of FDI and external debt on health outcomes in emerging Asian economies from 1991 to 2019. To that end, we have collected data for seven economies: Bangladesh, Malaysia, Philippines, Thailand, Sri Lanka, China, and India. We have relied on the panel ARDL (PARDL) method for empirical analysis. The study's findings confirmed that the debt has increased infant mortality and decreased life expectancy in emerging Asian economies in the long run. On the other side, the FDI causes infant mortality to fall and life expectancy to rise in the long run in emerging Asian economies. Similarly, the health expenditures also reduced the infant mortality rate, though the impact is insignificant, and improved the life expectancy in emerging Asian economies. The causal analysis confirmed the two-way causality between health expenditure, infant mortality, and health expenditure and debt. |
format | Online Article Text |
id | pubmed-8841654 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Frontiers Media S.A. |
record_format | MEDLINE/PubMed |
spelling | pubmed-88416542022-02-15 Analysis of the Impact of External Debt on Health in an Emerging Asian Economy: Does FDI Matter? Ma, Yechi Hu, Mengyun Zafar, Quratulain Front Public Health Public Health In this study, our main objective is to find the impact of FDI and external debt on health outcomes in emerging Asian economies from 1991 to 2019. To that end, we have collected data for seven economies: Bangladesh, Malaysia, Philippines, Thailand, Sri Lanka, China, and India. We have relied on the panel ARDL (PARDL) method for empirical analysis. The study's findings confirmed that the debt has increased infant mortality and decreased life expectancy in emerging Asian economies in the long run. On the other side, the FDI causes infant mortality to fall and life expectancy to rise in the long run in emerging Asian economies. Similarly, the health expenditures also reduced the infant mortality rate, though the impact is insignificant, and improved the life expectancy in emerging Asian economies. The causal analysis confirmed the two-way causality between health expenditure, infant mortality, and health expenditure and debt. Frontiers Media S.A. 2022-01-31 /pmc/articles/PMC8841654/ /pubmed/35174125 http://dx.doi.org/10.3389/fpubh.2022.824073 Text en Copyright © 2022 Ma, Hu and Zafar. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms. |
spellingShingle | Public Health Ma, Yechi Hu, Mengyun Zafar, Quratulain Analysis of the Impact of External Debt on Health in an Emerging Asian Economy: Does FDI Matter? |
title | Analysis of the Impact of External Debt on Health in an Emerging Asian Economy: Does FDI Matter? |
title_full | Analysis of the Impact of External Debt on Health in an Emerging Asian Economy: Does FDI Matter? |
title_fullStr | Analysis of the Impact of External Debt on Health in an Emerging Asian Economy: Does FDI Matter? |
title_full_unstemmed | Analysis of the Impact of External Debt on Health in an Emerging Asian Economy: Does FDI Matter? |
title_short | Analysis of the Impact of External Debt on Health in an Emerging Asian Economy: Does FDI Matter? |
title_sort | analysis of the impact of external debt on health in an emerging asian economy: does fdi matter? |
topic | Public Health |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8841654/ https://www.ncbi.nlm.nih.gov/pubmed/35174125 http://dx.doi.org/10.3389/fpubh.2022.824073 |
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