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Health indicator responses to specified shocks in panel VAR (3) models. This figure presents how four health indicators evolve following 1% increases in economic uncertainty, economic growth, environmental pollution, and healthcare expenditure, when the VAR lag length is set at 3. Solid lines denote the median of posterior estimates of the IRFs, while the grey-shaded area stands for the 68% error band constructed using the 16th and 84th percentiles of posterior estimates of the IRFs.
