The Impacts of Temporary and Permanent Public Health Policies on HRQOL in a Small Open Economy

Yasuhiro Nakamoto and Taketo Kawagishi
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Yasuhiro Nakamoto: Faculty of Informatics, Kansai University, 2-1-1 Reizanji-cho, Takatsuki-shi, Osaka 569-1095, Japan
Taketo Kawagishi: Faculty of Economics, Ritsumeikan University, 1-1-1 Noji-higashi, Kusatsu, Shiga 525-8577, Japan

Sustainability, 2021, vol. 13, issue 17, 1-33

Abstract: Considering that people can invest in their health-related quality of life (HRQOL), we investigate the effects of public health policies (i.e., a health investment subsidy policy and the direct distribution of health-related goods) on HRQOL in a small open economy. We find that when the government makes public investment in HRQOL temporarily, HRQOL deteriorates or does not improve at least. On the contrary, when public investment is enforced permanently, it improves in the long run.

Keywords: health-related quality of life; macroeconomic dynamics; temporary effects of public policies; foreign aid (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:17:p:9866-:d:627844

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