scholarly journals The Impact of Public Health Expenditure on Economic Development – Evidence from Prefecture-Level Panel Data of Shandong Province

2017 ◽  
Vol 8 (2) ◽  
pp. 59 ◽  
Author(s):  
Lin Li ◽  
Maoguo Wu ◽  
Zhenyu Wu
Keyword(s):  
Public Health ◽  
Economic Development ◽  
Panel Data ◽  
Health Expenditure ◽  
Social Economic ◽  
Shandong Province ◽  
Quantitative Relation ◽  
Public Health Expenditure ◽  
Social Economic Development ◽  
The Impact

Public health expenditure is an indispensable part of social economy. The public has always paid close attention to public health expenditure. In order to study the quantitative relation between public health expenditure and social economic development, this paper investigates prefecture-level cities in Shandong Province, due to the unique characteristics of Shandong Province. Making theoretical and empirical contributions, this paper augments the Cobb-Douglas production function with public health expenditure and empirically analyzes economic development of prefecture- level cities in Shandong Province. A panel data set is established, followed by multivariate regression analysis. Empirical results find that public health expenditure per capita and coverage of medical insurance can significantly promote social economic development. However, the expansion and growth of the number of health institutions does not necessarily promote economic development. Instead, it may even hold back economic development by causing personnel redundancy and waste of resources. If the government transfers its investment focus from the scale and the speed of development of medical services to their fairness and efficiency, public health expenditure may vastly improve both public health and economic development.

scholarly journals The Impact of Public Health Expenditure on Health Outcomes in South Africa

2019 ◽  
Vol 16 (16) ◽  
pp. 2993
Author(s):  
Besuthu Hlafa ◽  
Kin Sibanda ◽  
Dumisani MacDonald Hompashe
Keyword(s):  
Public Health ◽  
South Africa ◽  
Economic Development ◽  
Health Outcomes ◽  
Health Expenditure ◽  
Fixed Effects ◽  
Seemingly Unrelated Regression ◽  
Fixed Effects Model ◽  
Public Health Expenditure ◽  
The Impact

Health holds an important position in maintaining economic development since it is both a prerequisite for and an outcome of economic development. This means that health contributes greatly to the attainment of sustainable development and health outcomes. The importance of health is demonstrated in the Millennium Development Goals (MDGs) where three of the eight goals are aimed at improving health outcomes. Despite progress made by other middle-income countries in achieving health-related MDGs, South Africa is still worse off in respect of health outcomes and experiences a challenge in attaining positive outcomes for these goals. This study’s main focus was to identify the association between public health expenditure and health outcomes in South Africa’s nine provinces from 2002 to 2016. The study implemented fixed effects and a random effects panel data estimation technique to control for time effects and individual provincial heterogeneity. This was followed by employing the Hausman specification test to identify the fixed effects model as the appropriate estimator for the study. The study also employed the seemingly unrelated regression (SUR) model and the least squares dummy variable (LSDV) model to examine the impact of public health expenditure on each province separately. The findings elucidated that the relationship between public health expenditure and health outcomes in South Africa varied across provinces depending on provincial management and infrastructure availability.

The impact of macro-fiscal factors and private health insurance financing on public health expenditure: evidence from the OECD countries for the period 2000–2017

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Georgios Sfakianakis ◽  
Nikolaos Grigorakis ◽  
Georgios Galyfianakis ◽  
Maria Katharaki
Keyword(s):  
Public Health ◽  
Health Insurance ◽  
Panel Data ◽  
Health Expenditure ◽  
Private Health Insurance ◽  
Health Financing ◽  
Oecd Countries ◽  
Public Health Expenditure ◽  
Content Type ◽  
The Impact

PurposeBecause of the 2008 global financial crisis aftermaths, economic downturn and prolonged recession, several OECD countries have adopted an austerity compound by significantly reducing public health expenditure (PHE) for dealing with their fiscal pressure and sovereign-debt challenges. Against this backdrop, this study aims to examine the responsiveness of PHE to macro-fiscal determinants, demography, as well to private health insurance (PHI) financing.Design/methodology/approachThe authors gather annual panel data from four international organizations databases for the total of OECD countries from a period lasting from 2000 to 2017. The authors apply static and dynamic econometric methodology to deal with panel data and assess the impact of several parameters on PHE.FindingsThe authors’ findings indicate that gross domestic product, fiscal capacity, tax revenues and population aging have a positive effect on PHE. Further, the authors find that both unemployment rate and voluntary private health insurance financing present a negative statistically significant impact on our estimated outcome variable. Different specifications and sample periods applied in the regression models reveal how inseparably associated are PHE and OECD's economies compliance on macro-fiscal policies for offsetting public finances derailment.Practical implicationsProviding more evidence on the responsiveness of PHE to several macro-fiscal drivers, it can be a helpful tool for governments to reconsider their persistence on fiscal adjustments measures and rank public health financing to the top of their political agenda. Health systems policies for meeting Universal Health Coverage (UHC) objectives, they should also take into consideration the voluntary PHI institution, especially for economies with insufficient fiscal capacity to raise public health financing.Originality/valueTo the best of knowledge, the impact of unemployment and voluntary PHI funding on public health financing, apart from other macro-fiscal and demographical parameters effect, remains unnoticed in the existing published studies on the topic.

Effect of international labor mobility on social-economic development of countries

2021 ◽  
pp. 54-59
Author(s):  
E.I. Huseinova ◽  
Keyword(s):  
Economic Development ◽  
Social Economic ◽  
Negative Impact ◽  
Research Work ◽  
Practical Significance ◽  
Problem Solution ◽  
International Mobility ◽  
Labor Resources ◽  
Social Economic Development ◽  
The Impact

The goal of the research is the specification of the effect of international mobility of labor resources on the social-economic development of a country, as well as the impact on the GDP volume. The main purpose set in the investigation is the study of international experience of the problem solution. Another goal of the research work is the international mobility of labor resources in conditions of national economy. The methods of analysis, grouping and analogy were used in the investigation. In the research work carried out by the author, the properties of international mobility of labor resources were commented, the factors and reasons of their occurrence specified as well. The analysis has been conducted and the system of effect mobility of labor resources on GDP growth in some countries and their impact on the state of labor market developed. Due to the research surveys, the reasons for development of international mobility of labor resources and direction of labor migration streams in Azerbaijan have been identified. The impact of international mobility of labor resources on social-economic development has been evaluated. Positive and negative impact of international mobility of labor resources on social-economic development of Azerbaijan, as well as setting measures on migrant admission as contributing country in case of negative effect have been specified in the innovation of research. Practical significance of the investigation lies in the regulation of international mobility of labor resources, introduction with experience of difference countries by the system of statistical figures and formation of their resources, grouping and using the data for problem solution in our country.

scholarly journals The Impact of Population Aging and Public Health Support on EU Labor Markets

2020 ◽  
Vol 17 (4) ◽  
pp. 1439 ◽  
Author(s):  
Mirela Cristea ◽  
Gratiela Georgiana Noja ◽  
Petru Stefea ◽  
Adrian Lucian Sala
Keyword(s):  
Public Health ◽  
Labor Market ◽  
Older People ◽  
Labor Markets ◽  
Health Expenditure ◽  
Population Aging ◽  
Public Health Expenditure ◽  
Eu Countries ◽  
Life Years ◽  
The Impact

Population aging and public health expenditure mainly dedicated to older dependent persons present major challenges for the European Union (EU) Member States, with profound implications for their economies and labor markets. Sustainable economic development relies on a well-balanced workforce of young and older people. As this balance shifts in favor of older people, productivity tends to suffer, on the one hand, and the older group demands more from health services, on the other hand. These requisites tend to manifest differently within developed and developing EU countries. This research aimed to assess population aging impacts on labor market coordinates (employment rate, labor productivity), in the framework of several health dimensions (namely, health government expenditure, hospital services, healthy life years, perceived health) and other economic and social factors. The analytical approach consisted of applying structural equation models, Gaussian graphical models, and macroeconometric models (robust regression and panel corrected standard errors) to EU panel data for the years 1995–2017. The results show significant dissimilarities between developed and developing EU countries, suggesting the need for specific policies and strategies for the labor market integration of older people, jointly with public health expenditure, with implications for EU labor market performance.

Measuring the impact of renewable energy, public health expenditure, logistics, and environmental performance on sustainable economic growth

2020 ◽  
Vol 28 (4) ◽  
pp. 833-843 ◽  
Author(s):  
Syed Abdul Rehman Khan ◽  
Yu Zhang ◽  
Anil Kumar ◽  
Edmundas Zavadskas ◽  
Dalia Streimikiene
Keyword(s):  
Public Health ◽  
Economic Growth ◽  
Renewable Energy ◽  
Environmental Performance ◽  
Health Expenditure ◽  
Public Health Expenditure ◽  
Sustainable Economic Growth ◽  
The Impact

scholarly journals A call for harmonization of European kidney care: dialysis reimbursement and distribution of kidney replacement therapies

2020 ◽  
Vol 35 (6) ◽  
pp. 979-986 ◽  
Author(s):  
Arjan van der Tol ◽  
Vianda S Stel ◽  
Kitty J Jager ◽  
Norbert Lameire ◽  
Rachael L Morton ◽  
...  
Keyword(s):  
Public Health ◽  
Health Expenditure ◽  
European Countries ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Public Health Expenditure ◽  
Home Dialysis ◽  
Kidney Replacement Therapy ◽  
The Cost ◽  
The Impact

Abstract Background We compare reimbursement for haemodialysis (HD) and peritoneal dialysis (PD) in European countries to assess the impact on government healthcare budgets. We discuss strategies to reduce costs by promoting sustainable dialysis and kidney transplantation. Methods This was a cross-sectional survey among nephrologists conducted online July–December 2016. European countries were categorized by tertiles of gross domestic product per capita (GDP). Reimbursement data were matched to kidney replacement therapy (KRT) data. Results The prevalence per million population of patients being treated with long-term dialysis was not significantly different across tertiles of GDP (P = 0.22). The percentage of PD increased with GDP across tertiles (4.9, 8.2, 13.4%; P < 0.001). The HD-to-PD reimbursement ratio was higher in countries with the highest tertile of GDP (0.7, 1.0 versus 1.7; P = 0.007). Home HD was mainly reimbursed in countries with the highest tertile of GDP (15, 15 versus 69%; P = 0.005). The percentage of public health expenditure for reimbursement of dialysis decreased across tertiles of GDP (3.3, 1.5, 0.7%; P < 0.001). Transplantation as a proportion of all KRT increased across tertiles of GDP (18.5, 39.5, 56.0%; P < 0.001). Conclusions In Europe, dialysis has a disproportionately high impact on public health expenditure, especially in countries with a lower GDP. In these countries, the cost difference between PD and HD is smaller, and home dialysis and transplantation are less frequently provided than in countries with a higher GDP. In-depth evaluation and analysis of influential economic and political measures are needed to steer optimized reimbursement strategies for KRT.

scholarly journals A simulation impact evaluation of social-economic development on water resource use

2014 ◽  
Vol 4 (3) ◽  
pp. 137-153 ◽  
Author(s):  
Wenyi Wang ◽  
Weihua Zeng ◽  
Bo Yao ◽  
Jing Wei
Keyword(s):  
Economic Development ◽  
Water Resources ◽  
Water Resource ◽  
Water Resource Management ◽  
Social Economic ◽  
Water Shortage ◽  
Social Growth ◽  
Tongzhou District ◽  
Social Economic Development ◽  
The Impact

Due to the fast growth of the economy and population, the water scarcity issue has aroused widespread critical concern. In fact, reasonable structure, adaptive patterns and effective regulation of the economy, society and water resources can bring a harmonious future. Therefore, the study of how to balance economic social growth and water resources is of great importance. A model of the water resource, society and economy system of the Tongzhou district was designed by Stella. The model established here attempts to analyze future trends in social-economic development and the impact of the economic and population growth on water use in the Tongzhou district under three scenarios. The results reveal that the water shortage is very serious. If the current trends persist, the existing water supply will not be able to meet the water demand in the future. Tongzhou district's water shortage will be 162.50 million m3 in 2020 under the business-as-usual scenario. Therefore, it is necessary to develop unconventional water sources and improve the water-saving capacity of production and life to alleviate the water tensions. This research offers insight into larger questions regarding economic growth and water resource management in general.

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