Published Paper Details:

This paper attempts to examine the relationship between health and economic growth in India over the years 1961 - 2015. Economic growth is measured using Gross National Income (GNI) per capita and health status is measured using Life Expectancy Rate, Infant Mortality Rate, Under-five Mortality Rate and Total Fertility Rate. The above relationships are measured using a multivariate framework controlling for other background variables. Thus, I have modeled the macroeconomic impact of health. A theoretical framework has been developed to model this linkage between health and economic growth in India and this is further tested using a regression model which tests the causality between these variables of interest. I have found that if OLS (Ordinary Least Square) is used then there is no significant relationship between health status and economic growth, but using 2SLS (Two Stage Least Squares) the study finds highly significant effect of health indicators on economic growth in India.