Empirical Study on the Relationship Between Health Investment and Economic Growth in China Using Threshold Effect Model and Instrumental Variable Method
10.3870/j.issn.1004-0781.2023.12.027
- VernacularTitle:门槛效应模型和工具变量法对中国卫生投入与经济增长关系的实证研究
- Author:
Shuyong FU
1
;
Shuyu CHEN
Author Information
1. 沈阳药科大学工商管理学院,沈阳 110016
- Keywords:
Health input;
Economic growth;
Threshold effect;
Instrumental variable
- From:
Herald of Medicine
2023;42(12):1895-1900
- CountryChina
- Language:Chinese
-
Abstract:
Objective To study the relationship between health investment and economic growth in China.Methods An empirical study was conducted using threshold effect models and instrumental variable methods.Results Human capital investment in health sector can promote economic growth more than physical capital investment.Conclusion More human capital investment,such as the number of health personnel,should be added in the future health investment,and physical capital investment,such as the number of beds,should be controlled.The eastern region should increase health investment related to the elderly,which is more conducive to regional economic growth,while the central region should also increase health investment in physical capital such as the number of beds,while the western region should increase health investment in both aspects,which is more conducive to economic growth,because the economic development is relatively slow.
