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Dynamic Analysis of Health Status in a Small Open Economy

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  • Kawagishi, Taketo
  • Nakamoto, Yasuhiro

Abstract

Considering that people can invest in their health-related quality of life, we investigate the effects of public policies (the investment subsidy policy and the direct transfer of investment commodities) on the health-related quality of life in the small open economy. Our main findings are that a temporary increase in these public policies conducted by the domestic government does not have positive impacts on the health-related quality of life in the long run; and alternatively, the foreign aid in the form of direct transfer of investment commodities improves their health.

Suggested Citation

  • Kawagishi, Taketo & Nakamoto, Yasuhiro, 2016. "Dynamic Analysis of Health Status in a Small Open Economy," MPRA Paper 73859, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:73859
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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