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Testing the Social Cost of Rapid Economic Development in Malaysia: The Effect of Trade on Life Expectancy.
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- Author(s): Ling, Chong1 ; Ahmed, Khalid2 ; Muhamad, Rusnah3 ; Shahbaz, Muhammad4 ; Loganathan, Nanthakumar5
- Source:
Social Indicators Research. Feb2017, Vol. 130 Issue 3, p1005-1023. 19p.- Subject Terms:
- Source:
- Additional Information
- Subject Terms:
- Subject Terms:
- Abstract: The sheer size of industrializing economies' echo rising health challenges, are we ignoring the darker side of economic development? Thus, this paper explores the impact of trade openness on life expectancy in Malaysia using time series data over the period of 1960-2014. We have applied structural break unit root and as well as cointegration tests to examine integrating properties of the variables and cointegration between the variables. The causal linkage between the variables is tested by applying the VECM Granger causality. The empirical evidence confirms the presence of cointegration amid the variables. Furthermore, economic growth increases life expectancy. Exports and imports have positive impact on life expectancy. The feedback effect exists between economic growth and life expectancy. Exports and imports cause life expectancy in Granger sense. [ABSTRACT FROM AUTHOR]
- Abstract: Copyright of Social Indicators Research is the property of Springer Nature and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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