[ad_1]
IMPACT OF HEALTH EXPENDITURE ON ECONOMIC GROWTH IN NIGERIA (1989-2019)
Figures and Abstract
Between 1981 and 2017, a study looked at the relationship between Nigeria’s health expenditures, health outcomes, and economic growth in the country. The TodaYamamoto causality paradigm was used in this study to analyze these connections.
To determine if the variables in the study have a long-term relationship, the Autor regressive Distributed Lag (ARDL) Bounds test approach to cointegration was used. The results showed that the variables in the study do indeed have a long-term relationship, and this was confirmed by the Augmented Dickey Fuller unit root test. Unidirectional causality between health expenditure and infant mortality, as well as between real GDP and life expectancy and maternal mortality, was found in Toda-Yamamoto causality tests.
The results also showed a unidirectional causal relationship between life expectancy and health expenditure, as well as between real GDP and health expenditure. In order to achieve the desired health outcomes and make use of
modern technology and professional health personnel, this study recommends that the Nigerian government make concerted efforts to raise health expenditures at least to meet the WHO’s recommendation that all countries should allocate at least 13% of their annual budget to the health sector for effective funding.
Do You Have New or Fresh Topic? Send Us Your Topic
[ad_2]