Health expenditure and economic development in low-and middle-income countries
The purpose of this study is to examine whether health expenditure has any significant impact on economic development in low- and middle-income countries (LAMICs). We employed static panel data analysis involving 67 countries which were split into two groups: low-income countries and middle-income...
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| Format: | Article |
| Language: | en |
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Penerbit Universiti Kebangsaan Malaysia
2018
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| Online Access: | http://journalarticle.ukm.my/20080/1/jeko_523-14.pdf http://journalarticle.ukm.my/20080/ https://www.ukm.my/jem/issue/v52i3/ |
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| author | Suhaila Saad, Norashidah Mohamed Nor, |
| author_facet | Suhaila Saad, Norashidah Mohamed Nor, |
| author_sort | Suhaila Saad, |
| building | Tun Sri Lanang Library |
| collection | Institutional Repository |
| content_provider | Universiti Kebangsaan Malaysia |
| content_source | UKM Journal Article Repository |
| continent | Asia |
| country | Malaysia |
| description | The purpose of this study is to examine whether health expenditure has any significant impact on economic development
in low- and middle-income countries (LAMICs). We employed static panel data analysis involving 67 countries which
were split into two groups: low-income countries and middle-income countries, and the time frame is spanning from
2010 to 2014. Both groups were analysed separately to measure the different impacts of health expenditure on the
countries’ economic development. The results indicate a significant relationship between health expenditure and
economic development for both groups of countries, whereby the impact was found to be slightly greater in middleincome
countries compared to low-income countries. This finding denotes that the barrier for economic development
in LAMICs is due to the considerably low allocation invested into health sectors, accompanied by the burden of many
health-related problems. Therefore, strengthening the health sector by boosting health expenditure should be another
priority in LAMICs to become developed countries. |
| format | Article |
| id | my-ukm.journal.20080 |
| institution | Universiti Kebangsaan Malaysia |
| language | en |
| publishDate | 2018 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| record_format | eprints |
| spelling | my-ukm.journal.200802022-10-12T00:51:29Z http://journalarticle.ukm.my/20080/ Health expenditure and economic development in low-and middle-income countries Suhaila Saad, Norashidah Mohamed Nor, The purpose of this study is to examine whether health expenditure has any significant impact on economic development in low- and middle-income countries (LAMICs). We employed static panel data analysis involving 67 countries which were split into two groups: low-income countries and middle-income countries, and the time frame is spanning from 2010 to 2014. Both groups were analysed separately to measure the different impacts of health expenditure on the countries’ economic development. The results indicate a significant relationship between health expenditure and economic development for both groups of countries, whereby the impact was found to be slightly greater in middleincome countries compared to low-income countries. This finding denotes that the barrier for economic development in LAMICs is due to the considerably low allocation invested into health sectors, accompanied by the burden of many health-related problems. Therefore, strengthening the health sector by boosting health expenditure should be another priority in LAMICs to become developed countries. Penerbit Universiti Kebangsaan Malaysia 2018 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/20080/1/jeko_523-14.pdf Suhaila Saad, and Norashidah Mohamed Nor, (2018) Health expenditure and economic development in low-and middle-income countries. Jurnal Ekonomi Malaysia, 52 (3). pp. 181-189. ISSN 0127-1962 https://www.ukm.my/jem/issue/v52i3/ |
| spellingShingle | Suhaila Saad, Norashidah Mohamed Nor, Health expenditure and economic development in low-and middle-income countries |
| title | Health expenditure and economic development in low-and middle-income countries |
| title_full | Health expenditure and economic development in low-and middle-income countries |
| title_fullStr | Health expenditure and economic development in low-and middle-income countries |
| title_full_unstemmed | Health expenditure and economic development in low-and middle-income countries |
| title_short | Health expenditure and economic development in low-and middle-income countries |
| title_sort | health expenditure and economic development in low-and middle-income countries |
| url | http://journalarticle.ukm.my/20080/1/jeko_523-14.pdf http://journalarticle.ukm.my/20080/ https://www.ukm.my/jem/issue/v52i3/ |
| url_provider | http://journalarticle.ukm.my/ |