Life expectancy effects of public and private health expenditures in OECD countries 1970–2012: Panel time series approach

2017 ◽  
Vol 56 ◽  
pp. 101-113 ◽  
Author(s):  
Mikael Linden ◽  
Deb Ray
Keyword(s):  
Time Series ◽  
Life Expectancy ◽  
Health Expenditures ◽  
Oecd Countries ◽  
Expectancy Effects ◽  
Public And Private ◽  
Time Series Approach

scholarly journals GDP and life expectancy in Italy and Spain over the long run: A time-series approach

2016 ◽  
Vol 35 ◽  
pp. 813-866 ◽  
Author(s):  
Emanuele Felice ◽  
Josep Pujol Andreu ◽  
Carlo D'Ippoliti
Keyword(s):  
Time Series ◽  
Life Expectancy ◽  
Long Run ◽  
Time Series Approach

scholarly journals Effects of Air Pollution on Public and Private Health Expenditures in Iran: A Time Series Study (1972-2014)

2018 ◽  
Vol 51 (3) ◽  
pp. 140-147 ◽  
Author(s):  
Pouran Raeissi ◽  
Touraj Harati-Khalilabad ◽  
Aziz Rezapour ◽  
Seyed Yaser Hashemi ◽  
Abdoreza Mousavi ◽  
...  
Keyword(s):  
Air Pollution ◽  
Time Series ◽  
Health Expenditures ◽  
Public And Private ◽  
Time Series Study ◽  
Series Study

The Long-Term Impact of Health on GDP in 19 OECD Countries

2012 ◽  
Vol 3 (1) ◽  
pp. 53-60 ◽  
Author(s):  
Ahmet Gokce Akpolat ◽  
Nurullah Altintas
Keyword(s):  
Infant Mortality ◽  
Life Expectancy ◽  
Panel Data Analysis ◽  
Survival Rates ◽  
Health Indicators ◽  
Health Expenditures ◽  
Oecd Countries ◽  
Adult Survival ◽  
Long Term Impact

Health is assumed to influence the economy through many channels. It reduces infant mortality and increase life expectancy and adult survival rates. Health level and life expectancy affects long-term savings decisions of individuals. This study examines the relationship between health indicators and economic growth in 19 OECD countries during the period 1970-2009 within a panel data analysis. The authors employ three different measures of health. Results show that an increase in health expenditures and a decrease in infant mortality positively affect GDP in compatible with the theoretical assumptions. However, life expectancy is detected to affect GDP negatively in contrast with the theoretical expectations. In conclusion, health expenditures and services concluded to influence GDP by improving human capital. Furthermore, the authors make suggestions about how economies can remove the burden of aging population.

scholarly journals Estimating the Share and Elasticity of Substitution for Public and Private Health Expenditures in Iran

2020 ◽  
Author(s):  
Mahdi Shahraki ◽  
Simin Ghaderi
Keyword(s):  
Public Health ◽  
Life Expectancy ◽  
Linear Models ◽  
National Level ◽  
Health Expenditures ◽  
Elasticity Of Substitution ◽  
Series Data ◽  
Public And Private ◽  
Private And Public ◽  
Public Health Expenditures

Background: The rate of substitution for private and public health expenditures is one of the factors that can explain the different effects of public and private health expenditures on health and life expectancy. Therefore, the purpose of this study was to estimate the return to scale, share, and elasticity of the substitution for public and private health expenditures in Iran. Methods: In this descriptive-analytical study, linear and nonlinear least squares methods were applied to study the share and elasticity in substitution of private and public health expenditures at national level in Iran during 2000-17. The study data included the annual time series data extracted from the World Bank website. The Stata 14 software was used to estimate the economic model. Results: In the nonlinear and linear models of Elasticity of Substitution Constant (CES) health function in Iran, elasticity of substitution for public and private health expenditures were 0.30 and 0.17, respectively. The return to scale in nonlinear and linear models was 0.07 and 0.15, respectively. The share of public health expenditures on life expectancy in the nonlinear and linear model was 54 and 53 % and the share of private health expenditures in these models was 46 and 47 %, respectively. Conclusion: Public and private health expenditures are poor substitutes of each other in Iran and increase of these health expenditures leads to an increase in life expectancy. A decreasing return exists to scale in public and private health expenditures on life expectancy in Iran. The share of public health expenditures is higher than the share of private health expenditures on life expectancy in Iran.

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