Business School of Ningbo University, Ningbo, China.
Ningbo College of Health Sciences, Ningbo, China.
Front Public Health. 2021 Jul 21;9:723557. doi: 10.3389/fpubh.2021.723557. eCollection 2021.
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.
本研究使用金砖国家的面板数据,考察了人力资本投资和技术创新对人口健康的非对称影响,时间跨度为 1991 年至 2019 年。为此,我们采用了 PMG 面板 NARDL 方法,该方法捕捉了相关变量的长期和短期动态。实证结果表明,人力资本投资和技术创新确实对金砖国家健康动态产生了非对称影响。研究结果还表明,人力资本投资和技术创新的增加对健康有积极影响,而人力资本投资和技术创新的减少则会对长期人口健康产生负面影响。基于这些发现,为金砖国家经济体提出了一些政策建议。