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Do bigger health budgets cushion pandemics?: An empirical test of COVID-19 deaths across the world

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  • Arusha Cooray
  • Krishna Chaitanya Vadlamannati
  • Indra de Soysa

Abstract

How has government healthcare spending prepared countries for tackling the COVID-19 pandemic? Arguably, spending is the primary policy tool of governments in providing effective health. We argue that the effectiveness of spending in reducing COVID deaths is conditional on the existence of healthcare equity and lower political corruption, because the health sector is particularly susceptible to political spending.

Suggested Citation

  • Arusha Cooray & Krishna Chaitanya Vadlamannati & Indra de Soysa, 2020. "Do bigger health budgets cushion pandemics?: An empirical test of COVID-19 deaths across the world," WIDER Working Paper Series wp-2020-165, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2020-165
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    References listed on IDEAS

    as
    1. Kleibergen, Frank & Paap, Richard, 2006. "Generalized reduced rank tests using the singular value decomposition," Journal of Econometrics, Elsevier, vol. 133(1), pages 97-126, July.
    2. Nikos Benos & Sotiris Karkalakos & Stefania Zotou, 2019. "Spatial and economic patterns in life expectancy among US States," Applied Economics, Taylor & Francis Journals, vol. 51(54), pages 5856-5869, November.
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    RePEc Biblio mentions

    As found on the RePEc Biblio, the curated bibliography for Economics:
    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Preparation > Infrastructure and Research

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