Do Human Capital Investment and Technological Innovation Have a Permanent Effect on Population Health? An Asymmetric Analysis of BRICS Economies

Abstract

This study examines the asymmetric impact of human capital investment, and technological innovation on population health from the years spanning from 1991 to 2019, by using a panel of the BRICS countries. For this purpose, we have employed the PMG panel NARDL approach, which captures the long-run and short-run dynamics of the concerned variables. The empirical results show that human capital investment and technological innovation indeed happen to exert asymmetric effects on the dynamics of health in BRICS countries. Findings also reveal that increased human capital investment and technological innovation have positive effects on health, while the deceased human capital investment and technological innovation tend to have negative effects on population health in the long run. Based on these revelations, some policy recommendations have been proposed for BRICS economies.

Air pollution and life expectancy: New evidence from the MINT economies

“…This phenomenon can be explained by the fact that in advanced countries, where life expectancies are already higher, a sizable elderly population is becoming a drag on economic growth, or that these nations have attained an optimum level of higher life expectancies where investing more in extending them will divert resources from other crucial sectors. Other previous articles have shown a significant affiliation between the variables [ 36 , 49 , 50 ].…”

“…The indicator for LEX at birth was selected based on the analysis by Refs. [ 5 , 27 , 29 ]; ECD [ [25] , [26] , [27] ]; HUC [ 36 , 49 , 50 ]; AIP [ 10 , 29 , 54 ]; REC [ 31 , 59 , 60 ] and NRR [ 38 , 45 ]. Following these prior studies, equation (1) will be used to determine the function of the antecedents of LEX.…”

“…In addition, improving HUC can increase people's productive capabilities and economic opportunities, ultimately enhancing living conditions and LEX. Likewise [ 49 ], explored panel data of BRICS nations on HUC, innovation, and quality of health. Their conclusions indicated that appreciation of human capital and innovation positively affects LEX.…”

“…The level and percentage of LEX have increased to at least 70 years in several nations. Better diet, better healthcare facilities, improved public health, and—most importantly—technical breakthroughs are all responsible for these notable gains [ 49 ]. Adding to an association between the indicators [ 35 ], studied 141 developed and emerging economic human capital progress.…”

Is authentic leadership always good for employers? A perspective of time management

“…Finally, it is possible that other activities may also strive staff to rationalize their working time, so future research should deeply scrutiny other key activities. For example, human capital activities may be one of the other activities that may also strive staff rationalize their working time, because human capital activities also consume staff many resources to realize knowledge skills (Wang et al, 2019 ; Hu and Yao, 2021 ; Shen et al, 2021 ), such as the education training and obtaining an advanced degree.…”