health expenditure and economic growth in nigeria
Found insideThis proceedings volume aims to provide new research methods, theories and applications from various areas of applied economic research. The ordinary least square method (OLS) of data analysis was employed and the data properties were tested for unit root using Augmented Dickey Fuller. Abstract: This paper examines the impact of economic growth, energy and public health expenditure on life expectancy in Nigeria applying Autoregressive Distributive Lag (ARDL) model over the period of 1980 to 2018. This paper examines the impact of economic growth, energy and public health expenditure on life expectancy in Nigeria applying Autoregressive Distributive Lag (ARDL) model over the period of 1980 to 2018. Situational analysis, Ordinary Least Square and the granger causality test techniques were employed. SOME BACKGROUND INFORMATION/STATEMENT OF PROBLEMIn spite of the theorized importance of human capital to economic growth, the share of public expenditure on health in government expenditure in Nigeria has consistently been below 20%. Current health expenditure (% of GDP) Nigeria. Government expenditure on health, economic growth and long waves in A CGE micro-simulation analysis: The case of Nigeria. The broad objective of this study is to examine the effect of fiscal policy on economic growth in Nigeria from 1994 to 2018. Healthcare holds a significant place in the quality of human capital. Base on this paradigm, the Nigeria government has Finding from the Section 3 is theoretical framework, while However, the result indicates only government expenditure on health is not significant in explaining economic growth in Nigeria. •Total health spending declined in 13 countries in this period. This paper links public health expenditure, economic growth and health outcomes and the causality among them using Nigeria data. 2.1. 4, pp. 138 Cointegration Analysis of Public Expenditure on Tertiary Education and Economic Growth in Nigeria Torruam et al. Browse by Country or Indicator. Found inside – Page 332Is income relevant for health expenditure and economic growth nexus? ... Analysis of the growth impact of health expenditure in Nigeria. A vector Autoregressive (VAR) model approach was employed in analyzing the data. Nigeria: an empirical study. This study therefore recommended that the Nigerian government should make concerted efforts geared towards increasing the health expenditure at least to meet up with the WHO’s recommendation that all countries should allocate at least 13 per cent of their annual budget to the health sector for effective funding as this would bring desired health outcomes and employ the use of modern technology and the services of professional health … Conventional wisdom holds that health is central to human general well-being, as well as a prerequisite for increased productivity, and overall economic growth and development of an economy. Some studies have shown that improvements in health can lead to an increase in Gross Domestic Product (GDP) and vice versa (1–3). Barro, R. (1996). This study examined the relationship among health expenditure, health outcomes and economic growth in Nigeria for the period between 1981 and 2017. SCOPE OF THE STUDY This study is undertaken to examine the impact of government expenditure on economic growth. In this paper, the dynamic relationship between health expenditure and economic growth from 1980-2010 in Nigeria is examined – using the newly developed ARDL Bounds testing procedure and Granger causality test. This study adopted the Toda-Yamamoto causality framework to examine these relationships. IMPACT OF HEALTH EXPENDITURE ON ECONOMIC GROWTH IN NIGERIA (1989-2019), Free Undergraduate Project Topics, Research Materials, Education project topics, Economics project topics, computer science project topics, Hire a data analyst Analyzing the current global environment, the book discusses health financing goals in the context of both the underlying health, demographic, social, economic, political and demographic analytics as well as the institutional realities ... Estimates of current health expenditures include healthcare goods and services consumed during each year. In particular, the researcher is interested in knowing the type of correlation that exists between health indices and economic growth thereby, representing health indices such as infant mortality rate and life expectancy at birth. 2 Abstract: Using a sample of 306 estimates drawn from 31 primary studies, this paper conducts an empirical synthesis of the link between economic growth and government expenditure on education or health using meta-analysis. expenditure on health would help to improve economic growth in Nigeria by 2015. Moments (GMM) testing methods to examine health care spending and economic growth in Nigeria [30]. The result shows that economic growth and public health expenditure positively affect life expectancy over the period of the study. Health Care Expenditure and GDP: An African Perspective GDP for individual countries, obtained via the Hodrick-Prescott (HP) filter5. This new edition of Health at a Glance presents the most recent comparable data on the performance of health systems in OECD countries. 136 fJaunky, V.C. CHAPTER ONE. Found inside976 FEDERAL MINISTRY OF HEALTH (FMoH)ABUJA, NIGERIA, Guidelines for Young Persons' ... «Health care expenditure and economic growth in Nigeria: An empirical ... This should however be channeled to the appropriate sectors, such as the health sector, that will lead to a continual growth … Unfortunately, the rising government expenditure on health has not translated to very good rate of life expectancy, as Nigeria ranks among the nation with poor life expectancy rate and high death rate as compared to the fiscal cash been pumped into the health sector. Their The rest of this paper is existing among life expectancy, public health spending and economic growth in Nigeria. If it is levied directly on personal or corporate income, it is called a direct tax. In addition, a long-run relationship also exist between health expenditure and economic growth for both groups of countries. Health care expenditure, health outcomes, and economic growth nexus in Nigeria: A Toda–Yamamoto causality approach. Impact of Government Expenditure on Economic Growth in Nigeria Journal of Politics, Economy and Management (JOPEM), 1(1). Data used were life expectancy at birth, public health expenditure and the gross domestic product (GDP) sourced from the World Bank data. A Tax is a fee charged or levied by a government on a product, income, or activity. This reveals the prevalence of significant income inequality. Health expenditure is thus a significant drain on poor household’s resources and significantly impairs their human capital, which has further negative bearing on economic growth. This could be as a result of the general consensus that economic growth leads to improved health status while Most of the studies on Nigeria examined the impact of health expenditure or health status on economic growth. This book presents current and accurate development data on both a national level and aggregated globally. Factors limiting Nigeria’s health … Bhargava et al, (2001) examined the effects of health indicators on economic growth rates in the period 1965 to 1990 in some selected developed and developing countries. INTRODUCTION. The per capita health expenditures of countries vary in terms of economic development. Whereas, high-income countries spend, on average on healthcare, $3,000 on each citizen, low-income countries only spend up to $30 per capita. It is also important to consider healthcare expenditure expressed as a percentage of GDP ( 5, 14 ). the causal relationship between health expenditure, health status and economic growth in Nigeria from the period of 1981–2018. This paper examined the nexus between health care expenditure and economic growth in Sub-Saharan Africa over the period 1995-2014. Government leaders, presidents and prime ministers, finance ministers and ministers of health, policymakers in congress and parliament, public health officials responsible for healthcare systems planning, finance and operations, as well as ... induces economic growth performance in Nigeria. However, these research efforts failed to produce clear evidence of the direction of causality. 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