Interdependence of Public Health Expenditure Efficiency and Economic Development in Growing OECD Economies and the Republic of Serbia

Prole Ljiljana (), Đurović-Todorović Jadranka () and Božić Dragana ()
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Prole Ljiljana: PhD student, University of Niš, Faculty of Economics, Republic of Serbia
Đurović-Todorović Jadranka: University of Niš, Faculty of Economics, Republic of Serbia
Božić Dragana: Tourism organization of Niš, Niš, Republic of Serbia

Economic Themes, 2022, vol. 60, issue 4, 551-565

Abstract: Economic shocks represent a challenge for health systems because they decrease public revenue, and at the same time, increase the need for publicly funded health care. Since health expenditure is rapidly increasing in most countries, its efficiency must be tested. The subject of research in this paper is exactly the interdependence of public health expenditures and their efficiency, expressed through the anticipated life expectancy, as well as their relationship with economic growth. The correlation analysis conveyed in this paper refers to the period 2010-2019 and it is based on OECD countries’ data, growing OECD economies data, and the data for the Republic of Serbia..

Keywords: health expenditures; OECD countries; life expectancy; GDP (search for similar items in EconPapers)
JEL-codes: F62 H51 I18 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecothe:v:60:y:2022:i:4:p:551-565:n:8

DOI: 10.2478/ethemes-2022-0030

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