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Impacts of Economic Freedom, Health, and Social Expenditures on Well-Being Measured by the Better Life Index in OECD Countries

Bibliographic Data

ID21834860
AuthorsSeda Aydan (0000-0003-1221-6768, Hacettepe University), Gamze Bayin Donar (0000-0002-4737-3272, Hacettepe University), Cengiz Arikan (0000-0001-8926-5707, Turkey, corresponding author)
Year2022
Volume37
Issue5
Pages435-447
Publication date2022-07-04
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueSocial Work in Public Health (JOURNAL)
Journal identifiersISSN: 1937-190X • E-ISSN: 1937-1918
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/19371918.2021.2018083
PMID34964427
OpenAlexW4200480724
LanguageEN
Citations received2
References cited63

The Organization for Economic Co-operation and Development (OECD) has developed the Better Life Index (BLI), which is a multidimensional approach to well-being. This study aims to investigate the impact of health and social expenditures as well as the economic freedom index on well-being measured by BLI among 34 OECD countries for 2013-2017 period. We estimated panel models to observe the social and health expenditure effects according to their sources and the overall impact of economic changes among countries. We find that public and private social expenditures have a positive and statistically significant impact on BLI at 1% significance level. Additionally, whereas public health expenditure has a positive and statistically significant impact on BLI at 1% significance level, the effects of private health expenditure are statistically significant at 10% significance level. The economic freedom index has a positive and statistically significant impact on BLI in both models. Both social and health expenditures should take a prominent position in policy debates for a better life

Demographic economics · Economic freedom · Economic growth · Economics · Health care · Human Development Index · Public economics · Public health · Social determinants of health · Socioeconomics · Fiscal Policy and Economic Growth · Global Health Care Issues · Health disparities and outcomes · Medicine

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Unique citing works2
Citations per year1
Citation span2024 - 2024 (1)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 2

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