Hasan Heidari; Hamidreza Faaljou; Elmnaz Nazariyan; Yousef Mohammadzadeh
Volume 3, Issue 11 , September 2013, , Pages 74-57
Abstract
There are several studies that show social capital and health capital have impressive effect on economic growth. On the other hand, many researches in the health and community field, prove close relationship between social capital and health capital. So, this study examines and evaluates the health and ...
Read More
There are several studies that show social capital and health capital have impressive effect on economic growth. On the other hand, many researches in the health and community field, prove close relationship between social capital and health capital. So, this study examines and evaluates the health and social capital effects and also their interaction effects on economic growth in the Middle East countries for 1990-2010 period using panel data and LS (EGLS) and 2SLS(EGLS). Data of study, extracted from WDI, UNDP, PWT and WGI statistical reports. Results show, not only health and social capital have impressive effect on economic growth, but also their interactions -given that social capital improves physical and mental health indicators- have significant effect on economic growth. As well as, public health improves the social indicators, and therefore has a double effect on the growth and economic development.
