Interdependence of Public Health Expenditure Efficiency and Economic Development in Growing OECD Economies and the Republic of Serbia

Economic shocks represent a challenge for health systems because they decrease public revenue, and at the same time, increase the need for publicly funded health care. Since health expenditure is rapidly increasing in most countries, its efficiency must be tested. The subject of research in this pap...

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Published inEconomic Themes Vol. 60; no. 4; pp. 551 - 565
Main Authors Prole, Ljiljana, Đurović-Todorović, Jadranka, Božić, Dragana
Format Journal Article
LanguageEnglish
Published Nis Sciendo 01.12.2022
De Gruyter Poland
Subjects
F62
GDP
H51
health expenditures
I18
life expectancy
OECD countries
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Summary:Economic shocks represent a challenge for health systems because they decrease public revenue, and at the same time, increase the need for publicly funded health care. Since health expenditure is rapidly increasing in most countries, its efficiency must be tested. The subject of research in this paper is exactly the interdependence of public health expenditures and their efficiency, expressed through the anticipated life expectancy, as well as their relationship with economic growth. The correlation analysis conveyed in this paper refers to the period 2010-2019 and it is based on OECD countries’ data, growing OECD economies data, and the data for the Republic of Serbia..
Bibliography:ObjectType-Article-1
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ISSN:2217-3668
0353-8648
2217-3668
DOI:10.2478/ethemes-2022-0030