The Role of Health in Economic Growth in Cameroon

Autor: Aloysius Njong Mom, Tafah Edokat Edward Oki, Germain Sonkeng, Gildas Boris Dudjo Yen
Rok vydání: 2018
Předmět:
Zdroj: SSRN Electronic Journal.
ISSN: 1556-5068
DOI: 10.2139/ssrn.3187243
Popis: The present study has as objective to examine the relation between health and economic development. Cameroon like the majority of the developing countries is not in margin of this situation especially when it is known that the health expenditure is almost financed by the households. The present study proposes a set of theoretical arguments and empirical evidences which reinforce the idea according to investment in human capital, through health is the main means of ensuring sustainable growth on one hand. The analysis is done at the level of Cameroon, over 34 years (1980 - 2013). A regression equation has been specified and then estimated through the methods of Ordinary least squares (OLS) and Generalised Method of Moments (GMM). The software used for the analysis is Eviews. The estimation results show that health has a positive impact on economic growth and significant at different threshold meanings. The study seems to suggest that a concerted effort should be made by policymakers to enhance health investment to accelerate economic growth which would reduce poverty.
Databáze: OpenAIRE