Health care expenditure and health outcome nexus: new evidence from SAARC-ASEAN region
Paper
Paper/Presentation Title | Health care expenditure and health outcome nexus: new evidence from SAARC-ASEAN region |
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Presentation Type | Paper |
Authors | Rahman, Mohammad Mafizur (Author) and Khanam, Rasheda (Author) |
Number of Pages | 30 |
Year | 2017 |
Web Address (URL) of Paper | http://www.iedrc.org |
Conference/Event | 7th International Conference on Financial Management and Economics (ICFME 2017) |
Event Details | 7th International Conference on Financial Management and Economics (ICFME 2017) Event Date 23 to end of 25 Jul 2017 Event Location Beijing, China |
Abstract | Background/ Objective: The main health status indicators in the SAARC-ASEAN region are far behind than those of OECD group and world average. Similarly, total health expenditure (% of GDP) in the region is also lower than that of OECD region and world. Therefore, this study aims to investigate a relationship between the healthcare expenditures and three main health status outcomes (life expectancy at birth, crude death rate and infant mortality rate) in the region. Methods: Using the World Bank data set for 20 years (1995-2014) in 15 countries of the region, a panel data analysis is conducted where relevant fixed and random effect models are estimated to determine the effects of healthcare expenditures on health outcomes. The separate effects of private and public health expenditures were also explored. Results: Total health expenditure, public health expenditure and private health expenditure have significant effect in reducing infant mortality rate and the extent of effect of private health expenditure is greater than that of public health expenditure. Private health expenditure also has significant role in reducing crude death rate. However, the study has not found any significant effect of health expenditure on life expectancy at birth. Per capita income growth and improved sanitation facilities have also significant positive roles in improving population health in the region. Conclusion: Healthcare expenditures, along with income growth rate and improved sanitation facilities, should be considered as an important determinant in improving population heath status in the region. The government and private joint initiatives should continue side by side to take the right actions for improving the health status outcomes. |
Keywords | healthcare expenditures; health status outcomes; panel data; SAARC; ASEAN |
ANZSRC Field of Research 2020 | 420603. Health promotion |
429999. Other health sciences not elsewhere classified | |
Public Notes | No evidence of copyright restrictions preventing deposit. |
Byline Affiliations | School of Commerce |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q467y/health-care-expenditure-and-health-outcome-nexus-new-evidence-from-saarc-asean-region
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