IDEAS home Printed from https://ideas.repec.org/a/lif/jrgelg/v5y2016p131-144.html
   My bibliography  Save this article

The Long-Run Relationship among Health and Income in Mexico,1940-2011

Author

Listed:
  • Vicente German-Soto

    (Faculty of Economics, Autonomous University of Coahuila, México)

  • Martha Elena Fuentes Castillo

Abstract

Theoretically, it has been argued the existence of not only a strong positive correlation among health and real per capita income, but also that their variations are highly interconnected. The stationarity among health indicators and income is analyzed for Mexico, allowing for the presence of multiple structural breaks along 1940-2011, with the aim to study its long-run relationship and how the reductions of the public expenditure have affected this link. One novelty is the long-run perspective supported on structural breaks that affect both the level and the slope of the time series. After the serial correlation is accounted for, several stationary processes evolving around a broken trend are found. The estimated breakpoints are widely related to events as crises and health system reforms, while the corresponding regimes changes lead to a stage of minor health expenditure. This last can be of concern to government and society if improvements on health and economic development are desired.

Suggested Citation

  • Vicente German-Soto & Martha Elena Fuentes Castillo, 2016. "The Long-Run Relationship among Health and Income in Mexico,1940-2011," Journal of Reviews on Global Economics, Lifescience Global, vol. 5, pages 131-144.
    • Handle: RePEc:lif:jrgelg:v:5:y:2016:p:131-144
    as

    Download full text from publisher

    File URL: http://www.lifescienceglobal.com/independent-journals/journal-of-reviews-on-global-economics/volume-5/85-abstract/jrge/2265-abstract-the-long-run-relationship-among-health-and-income-in-mexico-1940-2011
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lif:jrgelg:v:5:y:2016:p:131-144. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Faisal Ameer Khan (email available below). General contact details of provider: http://www.lifescienceglobal.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.