Health Care Financing and Economic Performance during the Coronavirus Pandemic, the War in Ukraine and the Energy Transition Attempt

Kornelia Piech ()
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Kornelia Piech: Department of Quantitative Economics, Collegium of Economic Analysis, Warsaw School of Economics, al. Niepodległości 128, 02-554 Warszawa, Poland

Sustainability, 2022, vol. 14, issue 17, 1-23

Abstract: On account of the current epidemiological situation in the world, which results from propagation of the coronavirus, research related to the impact of health on economic growth is becoming especially important. Health capital is an important variable in economic growth models. The method of financing health care has a significant impact on both the health of the population and the level of income. Therefore, this article attempts to analyze the relationship between these values. The way in which health care is financed has a significant impact both on the state of health of the population and on the level of financial resources allocated to health care (e.g., health contributions according to income). The analysis covered the period 2000–2021. On the basis of official reports, available literature and own studies, health expenditure has been divided into three income groups: low-income countries, middle-income countries and high-income countries. On the basis of statistical and economic analyses, it has been found that GDP (Gross Domestic Product) has an impact on public health expenditure in upper- and middle-income groups, but not in low-income countries. The analysis presented is becoming more important in the context of the coronavirus pandemic, the war in Ukraine and energy expenditure related to health care.

Keywords: health; economics; financial resources; sustainable development (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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