Upshot of Public Health Expenditure on Economic Development

P. P. Shafuda, Christopher and De, Utpal Kumar (2017): Upshot of Public Health Expenditure on Economic Development. Published in: Journal of NEICSSR , Vol. 43, No. 1 (1 April 2018): pp. 103-114.

Abstract

In this paper, we examined whether there is a long run relationship between government spending on healthcare and mortality rate, life expectancy as using data for the period 1980 and 2015. The analysis reveals long run relationship between government spending on healthcare and fertility rate and infant mortality rate. However, no co-integration is observed between government spending on healthcare and life expectancy and adult mortality rate. This implies that an investment in health via an expansionary government expenditure on health may be adopted in order to realize faster economic growth and better health outcome in Namibia.

• Item Type: MPRA Paper
• Language: English
• Keywords: Healthcare Expenditure,Economic Development, Namibia
• Subjects: H - Public Economics > H4 - Publicly Provided Goods; H - Public Economics > H4 - Publicly Provided Goods > H49 - Other; I - Health, Education, and Welfare > I1 - Health; I - Health, Education, and Welfare > I1 - Health > I15 - Health and Economic Development

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