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Association between Economic Growth, Mortality, and Healthcare Spending in 31 High-Income Countries

Author

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  • Sanmarchi Francesco
  • Esposito Francesco
  • Golinelli Davide

    (Department of Biomedical and Neuromotor Sciences, Alma Mater Studiorum, University of Bologna, Via San Giacomo 12, 40126, Bologna, Italy)

  • Bucci Andrea

    (Department of Economics, University of Chieti-Pescara, Pescara, Italy)

  • Toscano Fabrizio

    (Department of Internal Medicine, Montefiore Medical Center, Bronx, New York City, USA)

Abstract

This study aims to investigate the association between gross domestic product (GDP), mortality rate (MR) and current healthcare expenditure (CHE) in 31 high-income countries. We used panel data from 2000 to 2017 collected from WHO and OECD databases. The association between CHE, GDP and MR was investigated through a random-effects model. To control for reverse causality, we adopted a test of Granger causality. The model shows that the MR has a statistically significant and negative effect on CHE and that an increase in GDP is associated with an increase of CHE (p

Suggested Citation

  • Sanmarchi Francesco & Esposito Francesco & Golinelli Davide & Bucci Andrea & Toscano Fabrizio, 2021. "Association between Economic Growth, Mortality, and Healthcare Spending in 31 High-Income Countries," Forum for Health Economics & Policy, De Gruyter, vol. 24(2), pages 101-118, December.
    • Handle: RePEc:bpj:fhecpo:v:24:y:2021:i:2:p:101-118:n:3
    DOI: 10.1515/fhep-2021-0035
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    References listed on IDEAS

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