Impressibility of Health from the Stock Market; from the Chanel of Economic Growth in Iran
Subject Areas : -Health economy
1 - Assistant Professor, Department of Economic Sciences, Faculty of Economics and Management, University of Tabriz, Tabriz, Iran
Keywords: Life Expectancy, Stock Market, Toda – Yamamoto Method, Johansen-Juselius Method.,
Abstract :
Introduction: Nowdays, as much as the level of health both mental and physical, decrease in the society, development and progress will be disordered, therefore, societies that seek to achieve sustainable development, pay special attention to the health of their members. Accordingly, the present study seek to investigate the impact of stock market on health in Iran.
Methods: This research method is an analysis-causal and it’s target is application and statistics and data about the variables used in this study are extracted from economic time series database of Central Bank of the Islamic Republic of Iran and World Development Indicators. Also, Econometric tool used in research is Eviews 13 Software and the econometric methods are Toda - Yamamoto and Johansen-Juselius methods over the period of first quarter of 2011 to fourth quarter of 2023 for country of Iran.
Results: There is a one-way causality relationship from the stock market to health in Iran. Also, one pecent increase in TEPIX increases the health by 0.011 percent.
Conclusion: According the results, it is recommended that economic policy makers increase the attractiveness of the stock market by creating trust, transparency and symmetrical information in the stock market and forming a deep and competitive stock market and provide the necessary ground for improving the level of health in the country.
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