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Health expenses and economic growth: convergence dynamics across the Indian States

  • Nicholas Apergis

    ()

  • Puja Padhi

    ()

In this paper we explore convergence of real per capita output and health expenses across the Indian States. The new panel convergence methodology, developed by Phillips and Sul (Econometrica 75:1771–1855, 2007 ), is employed. The empirical findings suggest that these States form distinct convergent clubs, exhibiting considerable heterogeneity in the underlying growth and health expenses factors. These findings should help policy makers in designing appropriate growth-oriented and/or health sector programs and setting priorities in their implementation. Copyright Springer Science+Business Media New York 2013

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File URL: http://hdl.handle.net/10.1007/s10754-013-9130-9
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Article provided by Springer in its journal International Journal of Health Care Finance and Economics.

Volume (Year): 13 (2013)
Issue (Month): 3 (December)
Pages: 261-277

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Handle: RePEc:kap:ijhcfe:v:13:y:2013:i:3:p:261-277
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