Health-care expenditures, economic growth and infant mortality: evidence from developed and developing countries
Revista CEPAL, 2018
This paper investigates the effects of health-care expenditures on child mortality rates using a simultaneous-equation model for 93 developed and developing countries with data spanning the period 1995–2012. The findings show that health expenditure has a positive effect on reducing child mortality only for upper-middle-income and high-income countries, whereas for low-income and lower-middle-income countries, health spending does not have a significant impact on child health status. It is also found that at lower development levels, public health spending has a greater effect on mortality rates than private expenditure, while at high development levels private health expenditure has a positive impact on child mortality.
Keywords: SALUD; ECONOMIA DE LA SALUD; MORTALIDAD INFANTIL; DATOS ESTADISTICOS; MODELOS ECONOMETRICOS; PAISES DESARROLLADOS; PAISES EN DESARROLLO; HEALTH; HEALTH ECONOMICS; INFANT MORTALITY; STATISTICAL DATA; ECONOMETRIC MODELS; DEVELOPED COUNTRIES; DEVELOPING COUNTRIES (search for similar items in EconPapers)
JEL-codes: H51 O47 I12 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ecr:col070:44321
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