2020
DOI: 10.1002/ijfe.2046
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Rapid rise of life expectancy in Bangladesh: Does financial development matter?

Abstract: This paper investigates the role of financial development in the rapid rise of life expectancy in Bangladesh by using the annual data covering the period of 1972-2013. We examine the unit root properties of the variables employing a structural break unit root test. The combined cointegration and ARDL bounds testing approach confirm the long-run association between financial development and life expectancy in the presence of globalization, income inequality, and economic growth. The long-run elasticities indica… Show more

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Cited by 26 publications
(11 citation statements)
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References 71 publications
(74 reference statements)
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“…This is so because healthcare expenditures are associated with an increase in health performance and a reduction in the number of infant and neonatal deaths (Jaba et al, 2014 ). Domestic credit has a significant positive effect on life expectancy which conforms with the findings of Alam et al ( 2021 ). It signifies that the level of health performance is enhanced by increasing domestic credit to households in Sub Saharan African countries.…”
Section: Resultssupporting
confidence: 90%
See 1 more Smart Citation
“…This is so because healthcare expenditures are associated with an increase in health performance and a reduction in the number of infant and neonatal deaths (Jaba et al, 2014 ). Domestic credit has a significant positive effect on life expectancy which conforms with the findings of Alam et al ( 2021 ). It signifies that the level of health performance is enhanced by increasing domestic credit to households in Sub Saharan African countries.…”
Section: Resultssupporting
confidence: 90%
“…The level of economic performance indicated by gross domestic product is expected to have a positive influence on the level of health performance if the growth in economic sector is transmitted to more investments in the health sector (Chen et al, 2021 and Kunze, 2014 ; He & Li, 2020 ). Domestic credit employed as an indicator of financial development and employed as a determinant of life expectancy is inspired by the works of Alam et al ( 2021 ). Financial development is expected to have a significant influence on health performance.…”
Section: Methodsmentioning
confidence: 99%
“…Financial development conveys capital buildup and technological advancement that also lead to the promotion of different types of developments including health facilities. This outcome is aligned with the outcome of Alam et al [ 70 ], and Shafiei et al [ 44 ] as they noted that the financial development ensures improvement in the society which makes better living standard with improved health. But the outcome is contrary to the finding of Wang et al [ 21 ] who advocated the negative influence of financial development on the health of people.…”
Section: Discussionsupporting
confidence: 80%
“…The literature has recognized the importance of globalization and its impact on life expectancy (Alam, Islam, Shahzad, & Bilal, 2020;Prados de la Escosura, 2021;Timothy, 2018). However, these studies are unable to capture the dynamic relationship between life expectancy and globalization.…”
Section: Literature Reviewmentioning
confidence: 99%