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The Effect of Business Cycles on Health Expenditure: A Story of Income Inequality in China
Using the panel data of 31 regions in China from 2002 to 2018, this study aims to investigate the effect of business cycles on health expenditure from the role of income inequality. We find that health expenditure experiences a change from pro-cyclical to counter-cyclical with business cycles. Speci...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Frontiers Media S.A.
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8012672/ https://www.ncbi.nlm.nih.gov/pubmed/33816428 http://dx.doi.org/10.3389/fpubh.2021.653480 |
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author | Pu, Xiaohong Zeng, Ming Luo, Yaling |
author_facet | Pu, Xiaohong Zeng, Ming Luo, Yaling |
author_sort | Pu, Xiaohong |
collection | PubMed |
description | Using the panel data of 31 regions in China from 2002 to 2018, this study aims to investigate the effect of business cycles on health expenditure from the role of income inequality. We find that health expenditure experiences a change from pro-cyclical to counter-cyclical with business cycles. Specifically, business cycles have a different influence on health expenditure before and after the financial crisis in 2008. Our findings also show that income inequality can moderate the impact of business cycles on health expenditure in China. More importantly, the role of income inequality in the above issue varies from different regions. We conclude that the government should try to take active steps to control health expenditure by decreasing income inequality. |
format | Online Article Text |
id | pubmed-8012672 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2021 |
publisher | Frontiers Media S.A. |
record_format | MEDLINE/PubMed |
spelling | pubmed-80126722021-04-02 The Effect of Business Cycles on Health Expenditure: A Story of Income Inequality in China Pu, Xiaohong Zeng, Ming Luo, Yaling Front Public Health Public Health Using the panel data of 31 regions in China from 2002 to 2018, this study aims to investigate the effect of business cycles on health expenditure from the role of income inequality. We find that health expenditure experiences a change from pro-cyclical to counter-cyclical with business cycles. Specifically, business cycles have a different influence on health expenditure before and after the financial crisis in 2008. Our findings also show that income inequality can moderate the impact of business cycles on health expenditure in China. More importantly, the role of income inequality in the above issue varies from different regions. We conclude that the government should try to take active steps to control health expenditure by decreasing income inequality. Frontiers Media S.A. 2021-03-18 /pmc/articles/PMC8012672/ /pubmed/33816428 http://dx.doi.org/10.3389/fpubh.2021.653480 Text en Copyright © 2021 Pu, Zeng and Luo. http://creativecommons.org/licenses/by/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms. |
spellingShingle | Public Health Pu, Xiaohong Zeng, Ming Luo, Yaling The Effect of Business Cycles on Health Expenditure: A Story of Income Inequality in China |
title | The Effect of Business Cycles on Health Expenditure: A Story of Income Inequality in China |
title_full | The Effect of Business Cycles on Health Expenditure: A Story of Income Inequality in China |
title_fullStr | The Effect of Business Cycles on Health Expenditure: A Story of Income Inequality in China |
title_full_unstemmed | The Effect of Business Cycles on Health Expenditure: A Story of Income Inequality in China |
title_short | The Effect of Business Cycles on Health Expenditure: A Story of Income Inequality in China |
title_sort | effect of business cycles on health expenditure: a story of income inequality in china |
topic | Public Health |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8012672/ https://www.ncbi.nlm.nih.gov/pubmed/33816428 http://dx.doi.org/10.3389/fpubh.2021.653480 |
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