Table 8 Long-run elasticities and short-run causalities between health indicators and labor force participation rate in Pakistan
From: Effects of health on changing labor force participation in Pakistan
1. Long-run estimated coefficient | |||||
|---|---|---|---|---|---|
Variable | Coefficient | ||||
LOG(AD) | -0.065** | ||||
LOG(HEXP) | -0.009*** | ||||
LOG(IMR) | -0.510** | ||||
LOG(GCF) | -0.709** | ||||
LOG(LE) | 0.592*** | ||||
LOG(PPBED) | 0.022*** | ||||
LOG(SSE) | -0.175** | ||||
LOG(TOP) | 0.135** | ||||
11. Short-run Causality Test (Wald Test F-statistic): | |||||
∆AD | ∆HEXP | ∆IMR | ∆GCF | ∆LE | ∆PPBED |
0.595 | 20.215* | 0.516 | 8.516* | 0.516 | 15.516* |
(0.182) | (0.000) | (0.426) | (0.001) | (0.826) | (0.000) |
∆SSE | ∆TOP | ||||
11.516* | 0.425 | ||||
(0.000) | (0.912) | ||||