Does External Trade Improve Life Expectancy? A Long Run Equilibrium Analysis on English Speaking West African Countries

OCHINANWATA, Chinedu and Chika, Peter and ONODUGO, Vincent A and ANOWOR, OLUCHUKWU F (2020) Does External Trade Improve Life Expectancy? A Long Run Equilibrium Analysis on English Speaking West African Countries. Solid State Technology, 63 (5). pp. 778-796.

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Abstract

— It is incontrovertible that a key index for measuring welfare, living standard and societal development, is life expectancy. Consequently, there has been a plethora of studies that focused on examining how various aspects of human endeavour impact life expectancy. This study specifically examined the relationship between external trade and life expectancy among English speaking West African Countries (EsWACs). Prior studies on this subject concentrated on structuring predictive models using mortality trend or building parameter life expectancy with samples of individuals; but none has considered the vestiges of underdevelopment that have led to reduced life expectancy overtime in the developing economies even in the face of increase in the volume of trade. It therefore departs methodologically from the classical ordinary least square (OLS) and 1st generation panel econometric techniques in constructing balanced panel data structure then employed second generation panel data econometric techniques. The results show that external trade has not improved life expectancy in EsWACs. This therefore infers that the impact of external trade on healthcare is negligible and has infinitesimal effect on life expectancy in the subregion. The study recommends inter alia, that countries should pay more attention on variables that improves human capital significantly as they will help improve longevity.

Item Type: Article
Subjects: L Education > L Education (General)
Divisions: Faculty of Management and Social Sciences
Depositing User: mrs chioma hannah
Date Deposited: 23 Nov 2020 14:53
Last Modified: 23 Nov 2020 14:53
URI: http://eprints.gouni.edu.ng/id/eprint/2876

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