In this study, we investigate the effect of official development assistance and income per capita on health outcomes in developing countries. Health outcome is proxied by life expectancy and under-5-mortality rate. We accounted for the endogeneity problem in the model by employing a dynamic two-step system generalized method of moments (GMM) estimator. We find that official development assistance does not improve health outcome in developing countries, while income per capital significantly improves health outcome in developing countries. The study reports that CO2 emission is not a significant determinant of health outcome in developing countries but the prevalence of HIV and Immunization significantly determines health outcomes in developing countries. More specifically the prevalence of HIV increases the under-5-mortality rate and decreases life expectancy; immunization increases life expectancy but decreases under-5-mortality rate. It was equally revealed in the study that health outcome in Sub-Saharan Africa (SSA) does not significantly differ from health outcomes in other developing countries. We equally reported that the effect of income per capita on health outcome in Sub-Saharan Africa countries is not significantly different from that of non-SSA countries. The effect of official development assistant on health outcome in SSA was ABOUT THE AUTHOR Ugwegbe Sebastine Ugochukwu is a Lecturer in Caritas University Enugu, Nigeria. His research interest is International Finance and Economic Development. The focus of this paper is to provide insight on the determinants of health outcome in developing countries.
The objective of this paper is to investigate the nature of the relationship between deposit rates (disaggregated into various categories of deposit rates charged by DMBs in Nigeria) and deposit mobilization in Nigeria within the period 1981 and 2012 using annual data collected from the Statistical Bulletin published by the CBN. Using the OLS multiple regression, unit root tests, co-integration, error correction mechanism (ECM) and Granger causality tests, the empirical results report no significant relationship between all categories of deposit rates and total deposit liabilities of DMBs in Nigeria. The same results were also obtained with respect to the impact of deposit rates on time, savings and foreign currency deposits. In addition, the paper found no granger causality relationship between deposit rates and deposit liabilities. It is therefore recommended that a policy of interest rate liberalization alone may not be enough to induce higher levels of fund mobilization. The government should pursue programmes aimed at boosting investment and growing the economy to increase incomes that would release further savings for sustainable growth.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.