Role of Globalization and Financial Development on the Population’s Health Status in the South Asian Countries: A Panel Quantile Regression Investigation
Author (s)
Khaleda Akter, Zerin Tasnime, & S.M. Nasir Uddin
Abstract
Using the annual data from 1983 to 2016, the study attempted to explore the role of globalization and financial development on life expectancy in South Asian countries, at the presence of economic growth and pollution. The study employed the panel quantile regression (median) technique that could provide reliable results in the presence of heteroskedasticity and cross-section dependence in residuals, while pooled OLS, fixed effect and random effect models were not. Estimated results confirm that the model is correctly specified, and there is no asymmetry in quantiles. This study has found a significant positive impact for economic growth, globalization, and financial development, and a significant negative impact for environmental pollution on life expectancy in the study countries. So, policymakers have to promote globalization and financial development to improve the population’s health status, besides controlling environmental pollution.
Keywords: Life expectancy, globalization, financial development, environmental pollution, panel quantile regression.
| Title: | Role of Globalization and Financial Development on the Population’s Health Status in the South Asian Countries: A Panel Quantile Regression Investigation |
|---|---|
| Author: | Khaleda Akter, Zerin Tasnime, & S.M. Nasir Uddin |
| Journal Name: | International Journal of Science and Business |
| Website: | ijsab.com |
| ISSN: | ISSN 2520-4750 (Online), ISSN 2521-3040 (Print) |
| DOI: | https://doi.org/10.5281/zenodo.4133000 |
| Media: | Online |
| Volume: | 4 |
| Issue: | 11 |
| Acceptance Date: | 20/10/2020 |
| Date of Publication: | 25/10/2020 |
| PDF URL: | https://ijsab.com/wp-content/uploads/613.pdf |
| Free download: | Available |
| Page: | 82-92 |
| First Page: | 82 |
| Last Page: | 92 |
| Paper Type: | Research article |
| Current Status: | Published |
Cite This Article:
Khaleda Akter, Zerin Tasnime, & S.M. Nasir Uddin (2020). Role of Globalization and Financial Development on the Population’s Health Status in the South Asian Countries: A Panel Quantile Regression Investigation. International Journal of Science and Business, 4(11), 82-92. doi: https://doi.org/10.5281/zenodo.4133000
Retrieved from https://ijsab.com/wp-content/uploads/613.pdf
About Author (s)
Khaleda Akter (corresponding author), Lecturer, Department of Economics, Pabna University of Science and Technology, Pabna-6600, Bangladesh.
Zerin Tasnime, Lecturer, Department of Finance & Banking, Bangabandhu Sheikh Mujibur Rahman Science and Technology University, Gopalganj-8100, Bangladesh.
S.M. Nasir Uddin, Lecturer, Department of Economics, Bangabandhu Sheikh Mujibur Rahman Science and Technology University, Gopalganj-8100, Bangladesh.
DOI: https://doi.org/10.5281/zenodo.4133000