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Public health expenditures, taxation, and growth
Author(s) -
Atems Bebonchu
Publication year - 2019
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.3894
Subject(s) - panel data , economics , budget constraint , constraint (computer aided design) , public economics , government (linguistics) , public health , econometrics , microeconomics , medicine , mechanical engineering , linguistics , philosophy , nursing , engineering
This note studies the empirical link between public health expenditures and growth using a dynamic panel data model and U.S. state‐level data over the period 1963–2015. We find a positive relationship between public health expenditures and growth, even after controlling for the offsetting impacts of the requisite taxation and the government budget constraint.