Journal of Econometrics, 142(1), 5093. Guivis Zeufack Nkemgha, Honor Oumb Tkam & Alim Belek, Muhamadu Awal Kindzeka Wirajing, Tii N. Nchofoung & Roger Tsafack Nanfosso, Yogi Sugiawan, Robi Kurniawan & Shunsuke Managi, Pilar Gracia-de-Rentera, Hugo Ferrer-Prez, George Philippidis, Environment, Development and Sustainability Safaei (2006) also investigated the impact of democracy on life expectancy and adult and child mortality rates with the data of 32 autocratic, 13 incoherent, and 72 democratic countries. (2008) bias-adjusted LM test. (1999). This poor performance is in part due to social and political instability and with conflicts between the rights of individuals verses the interest of cultural groups. There is a long-run relationship between life expectancy, globalization, democracy, and GDP per capita. Health in an age of globalization (No. Globalization is most often used in an economic context, but it also affects and is affected by politics and culture. This method considers the cross-sectional dependence and can be used, while N>T and T>N. The CADF regression is: \({\stackrel{-}{y}}_{t}\) is the average of all N observations. To fill this gap, our work provides second-generation estimations. Their results show that globalization, financial development, and economic growth affect life expectancy positively in 14 of 16 Sub-Saharan African countries. Empirical results show democracy has a significant positive impact on life expectancy and it reduces infant mortality. This integration has both positive and negative effects. Slider with three articles shown per slide. Get a Britannica Premium subscription and gain access to exclusive content. In addition, in the error terms obtained from models 1, 2, 3, and 4 the null of no cross-sectional dependence is rejected at 1%. It increases the number of international organizations in which a country is a member. With economic globalization, increased economic activity may lead to urbanization. However, the assumption that the number of common factors (k) is known cannot be satisfied in practice (Westerlund, 2007). Globalization of diabetes: the role of diet, lifestyle, and genes. Increased Transport of Goods One of the primary results of globalization is that it opens businesses up to new markets in which they can sell goods and source labor, raw materials, and components. Globalization and growth. American Economic Review, 96(2), 313318. (2015) examined the effects of globalization and democracy on child health in their panel data analysis for 70 developing countries covering the period 19702009. Therefore, it is seen that SDG3 and SDG17 targets are compatible with each other. First, we provide a new perspective in the context of sustainable development goals. If the calculated LM statistic is below the critical value, the null of cointegration will be accepted. An economist explains the pros and cons of globalization & Acaravci, A. The impact of economic, social, and political globalization and democracy on life expectancy in low-income countries: are sustainable development goals contradictory?. Positive Impacts of Globalization Adopting globalization increases free trading opportunities between countries.
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