IMPACT OF HEALTH EXPENDITURE ON CHILD MORTALITY RATE IN NIGERIA, 1980-2015
This study is undertaken to investigate the impact of health expenditure on child mortality rate in Nigeria within the period of 1980-2015. The study made use of three explanatory variables: Public health expenditure, private health expenditure and per capital income. Autoregressive Distributed Lagged (ARDL) model was used to expose the long-run relationship that exists among the variables. The variables were first subjected to unit root test, co-integration test, error correction mechanism. Since the variables were not stationary at level, ARDL Bound Co- integration test was used to determine the long run relationship among the variables and they were found to be co-integrated and the ECM was statistically significant indicating short run adjustment to equilibrium in the long run. The long run and ECM results obtained revealed that all the variables used have negative impacts on infant mortality rate and also statistically significant. Thus, in reducing infant mortality rate in Nigeria, there is need for government and private stakeholders to invest adequately in health sector in order to ensure health service that is accessible and affordable to the teeming population of the country.
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