Health-led economic growth in short and long run

Case of European countries

Dados Bibliográficos

ID13022685
AutoresAleksandra Kuzior (0000-0001-9764-5320, autor correspondente), Alina Vysochyna (0000-0001-9490-1026), Armenia Androniceanu (0000-0001-7307-5597), Samer Khouri (0000-0001-7243-5124)
Ano2025
Volume18
Fascículo2
Páginas289-304
Data de publicação2025-06-01
Open AccessSim
TipoARTICLE
PeriódicoEconomics & Sociology (JOURNAL)
Identificadores do periódicoISSN: 2071-789X • E-ISSN: 2306-3459
EditoraCentre of Sociological Research, NGO (PUBLISHER)
DOI10.14254/2071-789x.2025/18-2/15
OpenAlexW4413072714
IdiomaEN
Citações recebidas1
Referências citadas50

In recent decades, while public expenditure on healthcare has increased considerably, life expectancy growth has slowed down. Therefore, research on the relationship between healthcare financing and economic growth has become highly relevant in determining the efficiency of financial resource allocation. This study aims to explore three hypotheses on the subject. The first hypothesis is that increase in healthcare spending has a positive impact on economic growth in long run, the second – assess the same relationships in short run, and the third – assumes that scale and direction of the relationships in the chain “health expenditures → GDP per capita growth” varies due to country income. Hypotheses testing involves application of cluster analysis, Calinski–Harabasz pseudo-F stopping rule, pooled mean group estimator, and Hausman test based on data for 34 European countries for the period 2000-2023. The obtained results only partially confirmed the hypotheses

Demographic economics · Econometrics · Economic growth · Economics · Health care · Life expectancy · Per capita · Per capita income · Population · Public economics · Fiscal Policy and Economic Growth · Global Health Care Issues · Insurance, Mortality, Demography, Risk Management · Demography

Ferramentas

Abrir DOIOpen Access