DOI: 10.7664/CHE20140403
Health Expenditure, Human Capital and Economic Growth：Based on Analysis of Simultaneous Equations
YANG Xiao-sheng
LIU Hai-lan
AN Ran
Abstract：Objective: To investigate the function of the heath expenditure in the role of the economic growth through the research on the effect by the human capital. Methods: To establish endogenous growth models and human capital growth models of simultaneous equations, to analyze the mechanism by the method of a three-stage least squares. Results: Growth of human capital is positively related to economic growth, health expenditure growth is negatively related to economic growth, health expenditure growth and growth of human capital is positively correlated. Conclusion: Influences of health expenditure growth on economic growth depends on the comprehensive response.
Keywords：health expenditurehuman capitaleconomic growthsimultaneous equationthree-stage least squares
Publication Date：2014-01-01
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：2( 11-12 )