The Impact of Globalization and its Components on Health Outcomes: A Global Panel Data Analysis
Abstract
This study investigated the impact of globalization and its three dimensions (economic, political, and social) on health by using a global panel data of 193 countries for the period 1971-2018. Health indicators incorporated into this study were life expectancy and infant mortality rate, while KOF index was taken as the indicator for globalization. Empirical analyses were performed by using ordinary least squares (OLS) and fixed-effects and random-effects models. Moreover, sensitivity analysis was used to check the robustness of the results. The results indicated that globalization, together with its three dimensions, has a positive impact on health, even if the analysis is controlled for population growth, physicians’ availability, and age dependency.
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Copyright (c) 2024 Samina Ali, Muhammad Tariq Majeed
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