Dynamics of Financial Inclusion and Economic Growth in Shaping Healthcare Access: Empirical Insights from Developing South Asian Economies
Abstract
Purpose: The study puts forth the comparison and effects of numerous variables and indicators of economic growth, financial inclusion on healthcare access using panel and time series data across 7 developing economies in South Asia.
Design/Methodology/Approach: The study was correlational and empirical quantitative approach was used, we tested the numerical data as empirical panel, the other methods and tests used were correlation, unit root, regression, fixed and random effects, model fit, Hausman test and correlation matrix and for comparative analysis with time series data, unit root and OLS regression were used.
Findings: The findings that are also aligned with previous research demonstrates financial inclusion heavily impacts the healthcare access and mortality in specifics; GDP has a weak and inconsistent effect on healthcare access which suggests that enhance financial inclusion and focus on microlevel financial betterment helps the cause for better healthcare.
Implications/Originality/Value: The outcome of this study yields noticing implications for policymakers and developmental organizations that they can use to expand the healthcare network and access using improved financial inclusion policies merged with healthcare infrastructure for greater results in national healthcare across the developing South Asian countries.
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