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Population Health and Economic Growth in Sub-Saharan Africa: A Panel Cointegration Analysis
Authors:Prince Boakye Frimpong  George Adu
Institution:1. School of Business , Garden City University College , Kenyasi , Kumasi , Ghana winconsin@yahoo.com;3. Department of Economics, Kwame Nkrumah University of Science and Technology , Kumasi , Ghana
Abstract:The article investigates the extent to which the health of the population affects the economic performance using panel data for 30 Sub-Saharan African countries for the period 1970–2010. Using a theoretical model based on an augmented Solow growth model, the authors estimate the relationship between population health capital and economic growth in Sub-Saharan Africa using panel cointegration econometric strategy. They find that the health status of the population has not significantly driven economic performance. Accounting for the effect of HIV/AIDS, however, resulted in a significant negative effect of population health on economic growth. Furthermore, the obverse seems rather plausibly the case, as economic growth significantly increases life expectancy in the region.
Keywords:economic growth  panel cointegration  population health  Sub-Saharan Africa
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