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Sources of health financing and health outcomes: A panel data analysis
Author(s) -
Fujii Tomoki
Publication year - 2018
Publication title -
health economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.55
H-Index - 109
eISSN - 1099-1050
pISSN - 1057-9230
DOI - 10.1002/hec.3817
Subject(s) - health spending , panel data , public health , public economics , sample (material) , public finance , public spending , differential (mechanical device) , health policy , outcome (game theory) , business , environmental health , demographic economics , economics , health care , economic growth , medicine , political science , econometrics , health insurance , nursing , chemistry , chromatography , macroeconomics , engineering , mathematical economics , aerospace engineering , politics , law
We study the differential impacts of public and private sources of health spending on health outcomes using a triple difference approach. We find that private health spending has on average a higher health‐promoting effect than public health spending. This result is robust with respect to the choice of outcome measure and covariates in the regression and driven primarily by the countries with ineffective governments. Once we restrict our sample to countries with effective governments, private health spending is found to be no better than public health spending in improving the health outcome.