AN ANALYSIS OF THE EFFECT OF HEALTH EXPENDITURES ON ECONOMIC GROWTH IN SELECTED DEVELOPING COUNTRIES

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MOJTAHED A.; JAVADIPOOR S.

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Journal: Iranian Journal of Economic Research Year:2004 | Volume:6 | Issue:19 Page(s): 31-54

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Title

AN ANALYSIS OF THE EFFECT OF HEALTH EXPENDITURES ON ECONOMIC GROWTH IN SELECTED DEVELOPING COUNTRIES

Author(s)

MOJTAHED A. | JAVADIPOOR S. | Issue Writer Certificate

Keywords

HEALTH EXPENDITURESQ2

HEALTH CAPITALQ4

ECONOMIC GROWTHQ2

Abstract

In this article, we introduce a new concept of HEALTH CAPITAL, and use the augmented Solow model with data from 33 developing countries to analyze the effect of HEALTH EXPENDITURES on ECONOMIC GROWTH. The results show that in addition to physical and human capital, HEALTH CAPITAL have positive and significant effect on ECONOMIC GROWTH, via HEALTH EXPENDITURES. Also, the Hausman test for simultaneity shows that the HEALTH EXPENDITURES variable can be affected by ECONOMIC GROWTH.

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APA: Copy

MOJTAHED, A., & JAVADIPOOR, S.. (2004). AN ANALYSIS OF THE EFFECT OF HEALTH EXPENDITURES ON ECONOMIC GROWTH IN SELECTED DEVELOPING COUNTRIES. IRANIAN ECONOMIC RESEARCH, 6(19), 31-54. SID. https://sid.ir/paper/2610/en

Vancouver: Copy

MOJTAHED A., JAVADIPOOR S.. AN ANALYSIS OF THE EFFECT OF HEALTH EXPENDITURES ON ECONOMIC GROWTH IN SELECTED DEVELOPING COUNTRIES. IRANIAN ECONOMIC RESEARCH[Internet]. 2004;6(19):31-54. Available from: https://sid.ir/paper/2610/en

IEEE: Copy

A. MOJTAHED, and S. JAVADIPOOR, “AN ANALYSIS OF THE EFFECT OF HEALTH EXPENDITURES ON ECONOMIC GROWTH IN SELECTED DEVELOPING COUNTRIES,” IRANIAN ECONOMIC RESEARCH, vol. 6, no. 19, pp. 31–54, 2004, [Online]. Available: https://sid.ir/paper/2610/en

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