Title: Role Of Human Health On Labour Productivity: Empirical Evidence From South Asia
Authors: Zaib-un-nisa
Volume: 8
Issue: 9
Pages: 208-214
Publication Date: 2024/09/28
Abstract:
Health is an essential element that allows people to live their lives with great potential. Healthy living helps you live with confidence and self-esteem. At the macro level, the fundamental foundation of economic development is health. At the micro level, health can efficiently ensure a productive and rewarding life for people. Health affects economic growth in many ways, for example poor worker health causes reduced productivity; On the other hand, thanks to a healthy diet, productivity increases. The main objective of this study is to investigate the impact of human health on worker productivity. The health indicator used in this study is life expectancy. The education indicator is school enrollment at secondary level; Labor force and gross capital formation are also used as independent variables. The study used a panel of South Asian countries from 1991 to 2019, applying panel OLS, fixed-effects model, random-effects model, and generalized method of moments (GMM). The results demonstrate that health and education significantly and positively influence productivity. This study recommends that the government of all South Asian countries should take essential measures and formulate policies regarding the improvement of health status and advancement of the education system.