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The synergistic effect of government health spending and institutional quality on health capital accumulation in WAEMU countries

Issa Dianda () and Idrissa Ouedraogo ()
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Issa Dianda: Thomas Sankara University, Burkina Faso

Economics Bulletin, 2021, vol. 41, issue 2, 495-506

Abstract: This paper examines the synergistic effect of government health spending and institutional quality on health capital accumulation in WAEMU countries over the period 2000-2015. By using two stage least squares (2SLS), we find that in addition to the positive effect of public health spending and institutional quality on the accumulation of health capital, these two variables have a synergistic effect. These results suggest that maximizing returns from government health spending requires improving of the institutional quality.

Keywords: government health spending; institutional quality; health capital; synergistic effect; WAEMU. (search for similar items in EconPapers)
JEL-codes: I1 O1 (search for similar items in EconPapers)
Date: 2021-04-09
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