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Association between Economic Growth, Mortality, and Healthcare Spending in 31 High-Income Countries

Sanmarchi Francesco, Esposito Francesco, Bucci Andrea, Toscano Fabrizio and Golinelli Davide ()
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Sanmarchi Francesco: Department of Biomedical and Neuromotor Sciences, Alma Mater Studiorum, University of Bologna, Via San Giacomo 12, 40126, Bologna, Italy
Esposito Francesco: Department of Biomedical and Neuromotor Sciences, Alma Mater Studiorum, University of Bologna, Via San Giacomo 12, 40126, Bologna, Italy
Bucci Andrea: Department of Economics, University of Chieti-Pescara, Pescara, Italy
Toscano Fabrizio: Department of Internal Medicine, Montefiore Medical Center, Bronx, New York City, USA
Golinelli Davide: Department of Biomedical and Neuromotor Sciences, Alma Mater Studiorum, University of Bologna, Via San Giacomo 12, 40126, Bologna, Italy

Forum for Health Economics & Policy, 2021, vol. 24, issue 2, 101-118

Abstract: This study aims to investigate the association between gross domestic product (GDP), mortality rate (MR) and current healthcare expenditure (CHE) in 31 high-income countries. We used panel data from 2000 to 2017 collected from WHO and OECD databases. The association between CHE, GDP and MR was investigated through a random-effects model. To control for reverse causality, we adopted a test of Granger causality. The model shows that the MR has a statistically significant and negative effect on CHE and that an increase in GDP is associated with an increase of CHE (p

Keywords: health spending; healthcare expenditure; mortality; GDP; high-income countries (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1515/fhep-2021-0035

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