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The Effects of Healthcare Expenditure on Economic Growth of Iranian Provinces

Authors: Mostafa Emadzadeh; Morteza Sameti; Davoud Safi Dastjerdi;

The Effects of Healthcare Expenditure on Economic Growth of Iranian Provinces

Abstract

Background: Economic growth has always been known as one of the fundamental ideals of governments and an indicator to assess their performance. Achieving economic growth more than anything, depends on right recognition of potential pathways and the factors influencing it. One of the factors affecting economic growth is workforce health which forms the basis of human capital in combination with education. This study surveyed the effects of household health expenditure on economic growth and evaluated some other impressive factors on growth of Iranian provinces. Methods: This theoretical, scientific study used a method derived from Romer's endogenous growth model. The mentioned model was selected after technical studies and econometric tests using panel data approach, i.e. blending time series of 2000-2007 with cross-sectional data from 27 provinces of Iran. Results: Findings of this survey proved the positive effect of household health expenditure growth and government investment expenditure on economic growth of provinces of Iran. Moreover, the results showed a negative relationship between consumer price index (CPI) and the economic growth of each province. Conclusion: Household health care expenditure had a significant effect on economic growth of Iranian provinces. Considering the proportion of this expenditure of household budget compared to other countries, economic growth and development of different provinces can be achieved through improving health care. Keywords: Economic Development; Health Care Economics and Organizations; Health Expenditures; Manpower.

Keywords

Computer applications to medicine. Medical informatics, R858-859.7

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
gold