Pharmaceutical expenditure and gross domestic product: Evidence of simultaneous effects using a two‐step instrumental variables strategy

This paper estimates the income elasticity of government pharmaceutical spending and assesses the simultaneous effect of such spending on gross domestic product (GDP). Using a panel dataset for 136 countries from 1995 to 2006, we employ a two‐step instrumental variable procedure where we first estim...

Descripción completa

Detalles Bibliográficos
Autores principales: Shaikh, Mujaheed, Gandjour, Afschin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: John Wiley and Sons Inc. 2018
Materias:
Research Articles
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6585646/
https://www.ncbi.nlm.nih.gov/pubmed/30306669
http://dx.doi.org/10.1002/hec.3832

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6585646/
https://www.ncbi.nlm.nih.gov/pubmed/30306669
http://dx.doi.org/10.1002/hec.3832

Ejemplares similares