Pro-cyclical modelling of cancer mortalities based on macroeconomic factors
Date
2020
Authors
Okinyo, Elly Okoth
Journal Title
Journal ISSN
Volume Title
Publisher
Strathmore University
Abstract
This paper tests for the procyclicality of the cancer mortalities and the economic regimes for
the various regions, herein outlined as per the World Bank rankings as either high income,
upper middle income, lower middle income or low-income countries. Previous studies have
been carried out to examine the relationship between business cycles and cancer mortalities for
advanced economies, less is known about the relationship existing between the existing
macroeconomic variables and the cancer mortalities for the less developed countries.
This study thus assemble unique panel data set containing country-specific crude cancer
mortalities, the GDP per capita, the share of the GDP spent on health(GDPEH), the annual
cancer incidences, the 5-year prevalence rates and the disability-adjusted life years lost as a
result of cancer. The results show a procyclical relationship between cancer mortalities and the
economic growths a finding consistent with that of (Chen, et a!., 20 17), whereas there exists a
countercyclical relationship between cancer mortalities and the investment in the health sector
Description
Submitted in partial fulfilment of the requirements for the Degree of Bachelor of Business Science in Financial Economics at Strathmore University