Impacts of Health Indicators on Economic Growth of Pakistan

Abstract

This study purposed to observe the problems faced by Pakistan from health sector and the vital relationship among health indicators and economic growth. In this research, ARDL model is applied on Pakistan’s time series data ranging from 1990 to 2019. In the study results shows that, significant relationship between GDP, foreign direct investment, fertility rate and life expectancy in short run, whereas mortality rate is negative but have significant effect on economic growth whereas Health expenditure is insignificant and have negative impact on economic growth. In long run foreign direct investment, fertility rate significantly influenced the GDP. The study accomplishes that, nations that want high level of economic growth they can achieve it by increasing the wellbeing of human capital.