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

Xiao Haixiang, Liu Lefan

Research output: Chapter in Book/Conference proceedingConference contributionpeer-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 languageEnglish
Title of host publication2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings
Pages4138-4141
Number of pages4
DOIs
Publication statusPublished - 2011
Externally publishedYes
Event2nd International Conference on E-Business and E-Government, ICEE 2011 - Shanghai, China
Duration: 6 May 20118 May 2011

Publication series

Name2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings

Conference

Conference2nd International Conference on E-Business and E-Government, ICEE 2011
Country/TerritoryChina
CityShanghai
Period6/05/118/05/11

Keywords

  • economic growth
  • endogenous growth
  • government health spending
  • health human capital

ASJC Scopus subject areas

  • Business and International Management

Fingerprint

Dive into the research topics of 'Government health spending in an endogenous growth model: An empirical study in China'. Together they form a unique fingerprint.

Cite this