Do Higher Education and Financial Institutions Improve Health in China? A New Perspective

Frontiers in Public Health

article

Zhan Zhan¹  Ran Tao²  Muhammad Umer Niaz³  Dervis Kirikkaleli⁴ 

[1] School of Business, Wuchang University of Technology;Qingdao Municipal Center for Disease Control and Prevention;Faculty of Management and Social Sciences, Capital University of Science and Technology;European University of Lefke, Faculty of Economic and Administrative Science, Department of Banking and Finance

关键词: higher education;    financial institutions;    health;    China;    ARDL;   

DOI  :  10.3389/fpubh.2022.874507

学科分类：社会科学、人文和艺术（综合）

来源: Frontiers

【 摘 要 】

The importance of human wellbeing is documented in the literature of development economics because of its intensifying impacts on economic growth and productivity of labor in the long-run. To the best of the authors' knowledge, no empirical study has examined the symmetric association between China's financial institutional development, education, and health outcomes. Thus, our study aims to fill this vacuum by employing an autoregressive distributed lag (ARDL) approach to explore the impact of financial institutional development and education on life expectancy and infant mortality rate from 1990 to 2020. The empirical analysis reveals that financial institutional development and education report a significant increase in life expectancy and meaningful reduction in mortality rate in the long-run. Based on these findings, the study may deliver intuitive policy implications regarding improvement in health conditions that are imperative for promoting economic growth in the long-run.

【 授权许可】

CC BY