Government health spending in an endogenous growth model: An empirical study in China

Xiao Haixiang; Liu Lefan

doi:10.1109/ICEBEG.2011.5882362

Government health spending in an endogenous growth model: An empirical study in China

Xiao Haixiang^*
, Liu Lefan

^*Corresponding author for this work

Research output: Chapter in Book/Conference proceeding › Conference contribution › peer-review

Abstract

This paper investigates the impact of government health spending on economic growth in the framework of Chinese economy. We develop an endogenous growth model that includes government health spending as an important health human capital investment. Using time series data from 1978-2009, the empirical result suggests that government health spending in China has a robust positive effect on economic growth with an elasticity of 0.472523 during this period, but the scale of this spending is still insufficient, which may restrict China's economic growth. Policy makers still have a lot to do to tap into the potential of government health spending with regard to its health human capital effect on economic growth.

Original language	English
Title of host publication	2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings
Pages	4138-4141
Number of pages	4
DOIs	https://doi.org/10.1109/ICEBEG.2011.5882362
Publication status	Published - 2011
Externally published	Yes
Event	2nd International Conference on E-Business and E-Government, ICEE 2011 - Shanghai, China Duration: 6 May 2011 → 8 May 2011

Publication series

Name	2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings

Conference

Conference	2nd International Conference on E-Business and E-Government, ICEE 2011
Country/Territory	China
City	Shanghai
Period	6/05/11 → 8/05/11

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Free Keywords

economic growth
endogenous growth
government health spending
health human capital

ASJC Scopus subject areas

Business and International Management

Access to Document

10.1109/ICEBEG.2011.5882362

Cite this

Haixiang, X., & Lefan, L. (2011). Government health spending in an endogenous growth model: An empirical study in China. In 2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings (pp. 4138-4141). Article 5882362 (2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings). https://doi.org/10.1109/ICEBEG.2011.5882362

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title = "Government health spending in an endogenous growth model: An empirical study in China",

abstract = "This paper investigates the impact of government health spending on economic growth in the framework of Chinese economy. We develop an endogenous growth model that includes government health spending as an important health human capital investment. Using time series data from 1978-2009, the empirical result suggests that government health spending in China has a robust positive effect on economic growth with an elasticity of 0.472523 during this period, but the scale of this spending is still insufficient, which may restrict China's economic growth. Policy makers still have a lot to do to tap into the potential of government health spending with regard to its health human capital effect on economic growth.",

keywords = "economic growth, endogenous growth, government health spending, health human capital",

author = "Xiao Haixiang and Liu Lefan",

year = "2011",

doi = "10.1109/ICEBEG.2011.5882362",

language = "English",

isbn = "9781424486946",

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Haixiang, X & Lefan, L 2011, Government health spending in an endogenous growth model: An empirical study in China. in 2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings., 5882362, 2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings, pp. 4138-4141, 2nd International Conference on E-Business and E-Government, ICEE 2011, Shanghai, China, 6/05/11. https://doi.org/10.1109/ICEBEG.2011.5882362

Government health spending in an endogenous growth model: An empirical study in China. / Haixiang, Xiao; Lefan, Liu.
2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings. 2011. p. 4138-4141 5882362 (2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings).

Research output: Chapter in Book/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Government health spending in an endogenous growth model

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AU - Haixiang, Xiao

AU - Lefan, Liu

PY - 2011

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N2 - This paper investigates the impact of government health spending on economic growth in the framework of Chinese economy. We develop an endogenous growth model that includes government health spending as an important health human capital investment. Using time series data from 1978-2009, the empirical result suggests that government health spending in China has a robust positive effect on economic growth with an elasticity of 0.472523 during this period, but the scale of this spending is still insufficient, which may restrict China's economic growth. Policy makers still have a lot to do to tap into the potential of government health spending with regard to its health human capital effect on economic growth.

AB - This paper investigates the impact of government health spending on economic growth in the framework of Chinese economy. We develop an endogenous growth model that includes government health spending as an important health human capital investment. Using time series data from 1978-2009, the empirical result suggests that government health spending in China has a robust positive effect on economic growth with an elasticity of 0.472523 during this period, but the scale of this spending is still insufficient, which may restrict China's economic growth. Policy makers still have a lot to do to tap into the potential of government health spending with regard to its health human capital effect on economic growth.

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KW - government health spending

KW - health human capital

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DO - 10.1109/ICEBEG.2011.5882362

M3 - Conference contribution

AN - SCOPUS:79960434524

SN - 9781424486946

T3 - 2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings

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EP - 4141

BT - 2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings

Y2 - 6 May 2011 through 8 May 2011

ER -

Government health spending in an endogenous growth model: An empirical study in China

Abstract

Publication series

Conference

UN SDGs

Free Keywords

ASJC Scopus subject areas

Access to Document

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