Does Innovation Make Nations More Healthy? Evidence from Developing and Developed Countries

Our main contribution in this paper consists of analyzing long-run interactions between health status and innovation the form R&D activities accounting for possible economic development. For purpose, we are based on a sample fifteen developed developing countries across world during period 2000–2017. As principal interest is effect, it not essential to be concerned about variable lags through which will impact health. Therefore, get asymptotically efficient health, have introduced both dynamic OLS fully modified countries. Further, employed technique panel ARDL methods deals with stationary series problem different orders monitor association population horizon. empirical results support long- short-run causality running from all countries, whereas just-mentioned prevails only case Finally, check robustness said association, implemented neural network-based NARX validate prediction basis activities, eventually, supports our hypothesis back-propagation. Policy recommendation includes encouragement more R&D-related policy implementation nations opt better status.