Africa Countries’ Energy Efficiency: Evidence from a Directional Distance Function Approach

Alinsato, Alastaire Sèna; Bassongui, Nassibou; Alakonon, Calixe Bidossessi

doi:10.4236/me.2021.1210077

Cited by 1 publication

(1 citation statement)

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“…Financially empowered and independent women would be able to make adequate provision for their children's nutrition, housing, and medical care (Abreha & Zereyesus, 2021). In addition, they are able to seek antenatal and postnatal care in standard health facilities with trained personnel's, thereby reducing the risk of antenatal and postnatal complications that could result in mother, foetus, or infant death (Abreha & Zereyesus, 2021;Alinsato, Alakonon, & Bassongui, 2022). Furthermore, with the financial sector supporting the growth of the South African economy, government is able to make huge investments, in infrastructure, including those that are health-oriented, such as health facilities and sanitation systems (Lefatsa, Sibanda, & Garidzirai, 2021;Shahbaz et al, 2019).…”

Section: Ardl-ecm Estimation Results and Discussionmentioning

confidence: 99%

Time-series analysis of the health outcomes-financial development nexus: Evidence from South Africa

Jemiluyi,

Jeke

2024

IJAEFA

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This study contributes to the literature by investigating the health and financial development nexus in South Africa. The ‘health is wealth’ debate was again exemplified by the outbreak of the COVID-19 pandemic, thereby raising awareness of the inescapable links between poor health and diverse threats to global socioeconomic prosperity. Thus, the influencing factors of health have continued to be studied. Accounting for structural breaks, the study estimates annual time series data sourced from the World Development Indicators within the autoregressive distributed lag error correction model (ARDL-ECM). The regression outcomes show that financial development has differential impacts on health outcomes. In particular, financial development proxied by domestic credit to the private sector has a negative effect on life expectancy at birth while reducing child mortality, thereby fostering better child health outcomes. This research engages health policy strategists on the right policy mix to achieve better health outcomes. While the financial development drive is ongoing, efforts should be intensified to improve socioeconomic determinants of health, and policy strategies aimed at solving national priority health challenges should be logically pursued.

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