Does Scale and Efficiency of Government Health Expenditure Promote Development of the Health Industry?
| Autor: | Stuart Gilmour, Mengying Wang, Kaixuan Zhuang, Chunhai Tao |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
China
Index (economics) Health Toxicology and Mutagenesis lcsh:Medicine Article Per capita Industry government health expenditure Sustainable development Government Public economics lcsh:R Public Health Environmental and Occupational Health semi parametric generalized additive model Fiscal policy efficiency Scale (social sciences) Economic Development Business Health Expenditures macro-economic development Delivery of Health Care health industry Panel data |
| Zdroj: | International Journal of Environmental Research and Public Health Volume 17 Issue 15 International Journal of Environmental Research and Public Health, Vol 17, Iss 5529, p 5529 (2020) |
| ISSN: | 1660-4601 |
| DOI: | 10.3390/ijerph17155529 |
| Popis: | Macro-economic development of China&rsquo s health industry is essential to the sustainable development and growth momentum of the national economy. Strategies to promote the development and rebalancing of the industrial structure need to be improved in order to transform China&rsquo s health industry and drive development. Based on panel data of 25 regions in China from 2004 to 2016, this paper analyzes the linear and non-linear relationship between Chinese government health expenditure (GHE), GHE efficiency, and the macro-economic development of the health industry. It uses a novel index of industrial structure to measure the transformation of industrial sectors in China, based on a semi-parametric generalized additive model. The model shows that per capita GHE and its efficiency have a significant positive linear and comprehensive non-linear effect on the development of health industry structure. By analyzing the interaction of GHE and its efficiency, we show that high expenditure with low-efficiency regimes and high expenditure with high-efficiency regimes have a positive impact on the development of industrial structure. Following the empirical results, the paper puts forward corresponding policy suggestions for the role of fiscal policy in promoting the development of the health industry in China. |
| Databáze: | OpenAIRE |
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