The (W)health of Nations: the Impact of Health Expenditure on the Number of Chronic Diseases

Leonardo Becchetti, Pierluigi Conzo and Francesco Salustri

CSEF Working Papers from Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy

Abstract: We investigate the impact of health expenditure on health outcomes on a large sample of Europeans aged above 50 using individual and regional-level data. We find a significant and negative effect of lagged health expenditure on later changes in the number of chronic diseases. This effect varies according to age, health behavior, gender, income and education, thereby supporting the hypothesis that the impact of health expenditure across different interest groups is heterogeneous. Our empirical findings are confirmed also when health expenditure is instrumented with parliament political composition.

Keywords: health satisfaction; education; life satisfaction; public health costs (search for similar items in EconPapers)
JEL-codes: I11 I12 I18 (search for similar items in EconPapers)
Date: 2015-06-23
New Economics Papers: this item is included in nep-age, nep-hap and nep-hea
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: The impact of health expenditure on the number of chronic diseases (2017)
Working Paper: The (W)Health of Nations: The Impact of Health Expenditure on the Number of Chronic Diseases (2015)
Working Paper: The (w)health of Nations: the Contribution of Health Expenditure to Active Ageing (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:sef:csefwp:406

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