Munich Personal RePEc Archive

Dynamic Analysis of Health Status in a Small Open Economy

Kawagishi, Taketo and Nakamoto, Yasuhiro (2016): Dynamic Analysis of Health Status in a Small Open Economy.

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Abstract

Considering that people can invest in their health-related quality of life, we investigate the effects of public policies (the investment subsidy policy and the direct transfer of investment commodities) on the health-related quality of life in the small open economy. Our main findings are that a temporary increase in these public policies conducted by the domestic government does not have positive impacts on the health-related quality of life in the long run; and alternatively, the foreign aid in the form of direct transfer of investment commodities improves their health.

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