{"title":"Public funding and young children vaccination coverage: Evidence from Socialist-Oriented Market Economy.","authors":"Tri-Duc Luong, Dao Le-Van","doi":"10.1186/s13561-024-00569-5","DOIUrl":null,"url":null,"abstract":"<p><p>This study presents empirical evidence on the impact of public funding on the vaccination rate of children under one-year-old in Vietnam from 2014 to 2019. The research findings indicate that, first, the effect of government funding on the vaccination rate of children is positive after addressing endogeneity, cross-sectional dependence, and heteroscedasticity. Second, this impact is more pronounced in underdeveloped regions, particularly those with low female school enrollment rates and underdeveloped infrastructure. This raises a dilemma for Vietnam in pursuing a comprehensive development strategy, as investment in underdeveloped regions yields significantly lower economic returns. Therefore, this study provides further insight into the effectiveness of public funding in pursuing social objectives while initiating discussions regarding policies to achieve multiple goals as the Socialist-Oriented Market Economy reign.</p>","PeriodicalId":46936,"journal":{"name":"Health Economics Review","volume":"14 1","pages":"95"},"PeriodicalIF":2.7000,"publicationDate":"2024-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC11577889/pdf/","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Health Economics Review","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1186/s13561-024-00569-5","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This study presents empirical evidence on the impact of public funding on the vaccination rate of children under one-year-old in Vietnam from 2014 to 2019. The research findings indicate that, first, the effect of government funding on the vaccination rate of children is positive after addressing endogeneity, cross-sectional dependence, and heteroscedasticity. Second, this impact is more pronounced in underdeveloped regions, particularly those with low female school enrollment rates and underdeveloped infrastructure. This raises a dilemma for Vietnam in pursuing a comprehensive development strategy, as investment in underdeveloped regions yields significantly lower economic returns. Therefore, this study provides further insight into the effectiveness of public funding in pursuing social objectives while initiating discussions regarding policies to achieve multiple goals as the Socialist-Oriented Market Economy reign.
期刊介绍:
Health Economics Review is an international high-quality journal covering all fields of Health Economics. A broad range of theoretical contributions, empirical studies and analyses of health policy with a health economic focus will be considered for publication. Its scope includes macro- and microeconomics of health care financing, health insurance and reimbursement as well as health economic evaluation, health services research and health policy analysis. Further research topics are the individual and institutional aspects of health care management and the growing importance of health care in developing countries.