Open AccessThe Effect of Health Indicator on Economic Growth of Iran
Author(s) -
Asma Rashki Kemmak
Publication year - 2016
Publication title -
asian social science
Language(s) - English
Resource type - Journals
eISSN - 1911-2025
pISSN - 1911-2017
DOI - 10.5539/ass.v12n2p32
Subject(s) - life expectancy , human capital , economics , index (typography) , industrial production index , demographic economics , production (economics) , macroeconomics , economic growth , population , environmental health , medicine , world wide web , computer science
The most important factors in the economic production subordinating, are work force and human capital. These factors and their functions depend on the role of hygiene, individual health and related index in improving the economy of a country. Therefore, one economic growth stimulating factor can be evaluated by using health index thorough effecting labor and human capital. Accordingly, this paper tries to study the effect of health index on economic growth during 1975 to 2012 and it does this by self-explanatory approach with distributed lag (ARDL) and the estimated long-term and short-term effects of these measures on economic growth. Results show the fact that health index related variables like fertility rate, life expectancy will bring economic index and capital growth increasing and it leads to more economic growth. These results are available in long-term and short-term period.