Table 2.
Panel unit root test results
| Cross-sectional Augmented IPS (CIPS*) (Trend) | ||||||||||
| Dep.Variables HE | IMR | MMR | U5MR | LFE | ||||||
| Income Groups | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff |
| GL | −2.13 | − 3.74* | − 2.42 | − 3.31* | − 2.54 | − 4.26* | − 2.65 | − 2.88* | − 2.95* | − 3.83* |
| LY | − 2.70 | − 4.27* | −2.38 | − 2.72* | − 1.90 | − 3.33* | −2.04 | − 2.71* | −2.85* | − 2.77* |
| LM | −2.44 | − 3.44* | − 2.53 | −2.98* | − 2.09 | − 3.16* | − 3.23* | 3.86* | − 3.11* | − 3.98* |
| HM | − 2.52 | − 3.54* | − 2.12 | −2.95* | − 2.36 | − 4.42* | −2.17 | − 2.96* | − 3.98* | − 4.13* |
| HY | − 1.49 | − 2.94* | −2.02 | − 3.09* | 2.75* | − 5.12* | − 2.21 | − 3.02* | − 2.73* | − 4.42* |
| Harris–Tsavalis (HT) (Trend) | ||||||||||
| Dep. Variables HE | IMR | MMR | U5MR | LFE | ||||||
| Income Groups | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff |
| GL | 5.51 | −16.51* | 8.52 | − 5.42* | 12.34 | 9.13+ | − 12.27* | −41.78* | 13.98 | 6.05+ |
| LY | 1.07 | − 13.35* | 0.61 | − 14.90* | 6.02 | 5.22+ | −13.20* | − 27.22* | 8.87 | 6.69+ |
| LM | 4.17 | −12.82* | 7.12 | 5.54+ | 5.71 | −5.79* | 6.09 | −7.17* | 12.12 | 10.27+ |
| HM | 2.97 | −10.25* | 5.34 | 3.62+ | 5.92 | −3.88* | 5.93 | 3.29 | 1.68 | −4.33* |
| HY | 3.23 | −10.26* | 6.99 | −5.16* | − 0.66 | − 15.58* | 6.88 | 5.92 | 4.37 | −7.24* |
| Cross-sectional Augmented IPS (CIPS*) (Constant) | ||||||||||
| Dep. Variables HE | IMR | MMR | U5MR | LFE | ||||||
| Income Groups | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff |
| GL | −2.20* | −3.69* | −2.47* | − 2.53* | −2.42* | −3.68* | − 2.78* | −2.45* | − 2.12 | −3.17* |
| LY | −3.16* | −4.37* | −2.78* | − 2.45* | −1.36 | −2.50* | − 2.39* | 2.31* | − 3.33* | − 2.88* |
| LM | − 2.82* | −3.79* | − 2.44* | −2.32* | − 2.09 | −3.17* | − 3.23* | −2.51* | −1.14 | −3.10* |
| HM | −3.25* | −3.57* | −2.30* | --2.61* | −2.63* | −3.80* | −2.42* | −1.81 | −1.87 | −4.18* |
| HY | −1.83 | −3.41* | −2.03* | −3.10* | −2.75* | −4.63* | − 2.32* | − 3.02* | −2.38* | − 4.23* |
| Harris–Tsavalis (HT) (Constant) | ||||||||||
| Dep. Variables HE | IMR | MMR | U5MR | LFE | ||||||
| Income Groups | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff | Level | 1st Diff |
| GL | 11.05 | −54.82* | 10.16 | −64.33* | 9.35 | −27.68* | 6.72 | −98.98* | 12.27 | −27.33* |
| LY | 2.51 | −16.51* | 8.51 | −5.41* | 9.34 | −27.68* | 6.72 | −98.97* | 6.88 | −30.25* |
| LM | 4.17 | −12.82* | 7.21 | −6.35* | 3.83 | −32.64* | 5.27 | −27.17* | 7.08 | 1.13+ |
| HM | 2.87 | −10.16* | 5.27 | 3.57+ | 1.51 | −5.46* | 5.01 | −7.91* | 6.20 | −34.49* |
| HY | 11.05 | −54.82* | 10.16 | −64.32* | 9.34 | −27.68* | 6.72 | −98.97* | 11.00 | −27.33* |
Notes: *Significant at the 5% confidence interval. +Not stationary at 1st difference. The optimal lag used for CIPS* test was based on MBIC and MAIC lag selection criteria. For the CIPS test the results of trend option are presented and the HT test the ‘Demean’ option was used to control for cross-sectional means. Here, HE Health expenditure per capita, GL Global, LY Low-income, LM Lower-middle, HM Higher-middle and HY High-income countries