Synergy of health cost, globalization and good health: Evidence from emerging economies

IF 1.7 Q2 GEOGRAPHY
Md. Mominur Rahman, Tasneem Islam Dyuti, Mohammad Tareque
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引用次数: 0

Abstract

This study evaluates the influence of healthcare expenditures and globalization on health outcomes in BRICS nations from 2000 to 2023. Employing a fixed effects model (FEM), we analyze the impact of current health costs (CHC) and out-of-pocket expenditures (OPC) on good health (GH), while investigating the moderating influence of globalization (GL). The findings demonstrate that both CHC and OPC exert a positive and significant influence on GH, indicating that increased health expenditures enhance health outcomes. Globalization exerts a detrimental moderating influence on the correlation between health expenditures and positive health outcomes, indicating that globalization may introduce elements like economic volatility and inequality that diminish the efficacy of health spending. This study enhances the literature by including globalization into the Health Production Function model and providing novel insights into the issues encountered by emerging nations in optimizing health investments. Policy implications underscore the necessity for extensive healthcare changes that tackle both the immediate effects of health expenditure and the wider structural challenges shaped by globalization.
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来源期刊
CiteScore
3.60
自引率
5.90%
发文量
92
期刊介绍: Regional Science Policy & Practice (RSPP) is the official policy and practitioner orientated journal of the Regional Science Association International. It is an international journal that publishes high quality papers in applied regional science that explore policy and practice issues in regional and local development. It welcomes papers from a range of academic disciplines and practitioners including planning, public policy, geography, economics and environmental science and related fields. Papers should address the interface between academic debates and policy development and application. RSPP provides an opportunity for academics and policy makers to develop a dialogue to identify and explore many of the challenges facing local and regional economies.
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