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Does Economic Policy Uncertainty Matter for Healthcare Expenditure in China? A Spatial Econometric Analysis

A growing body of research has documented the determinants of healthcare expenditure, but no known empirical research has focused on investigating the spatial effects between economic policy uncertainty (EPU) and healthcare expenditure. This study aims to explore the spatial effects of EPU on health...

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Detalles Bibliográficos
Autores principales: Bai, Pu, Tang, Yixuan, Zhang, Weike, Zeng, Ming
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8129179/
https://www.ncbi.nlm.nih.gov/pubmed/34017814
http://dx.doi.org/10.3389/fpubh.2021.673778
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author Bai, Pu
Tang, Yixuan
Zhang, Weike
Zeng, Ming
author_facet Bai, Pu
Tang, Yixuan
Zhang, Weike
Zeng, Ming
author_sort Bai, Pu
collection PubMed
description A growing body of research has documented the determinants of healthcare expenditure, but no known empirical research has focused on investigating the spatial effects between economic policy uncertainty (EPU) and healthcare expenditure. This study aims to explore the spatial effects of EPU on healthcare expenditure using the panel data of 29 regions in China from 2007 to 2017. Our findings show that healthcare expenditure in China has the characteristics of spatial clustering and spatial spillover effects. Our study also shows that EPU has positive spatial spillover effects on healthcare expenditure in China; that is, EPU affects not only local healthcare expenditure but also that in other geographically close or economically connected regions. Our study further indicates that the spatial spillover effects of EPU on healthcare expenditure only exist in the eastern area. The findings of this research provide some key implications for policymakers in emerging markets.
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spelling pubmed-81291792021-05-19 Does Economic Policy Uncertainty Matter for Healthcare Expenditure in China? A Spatial Econometric Analysis Bai, Pu Tang, Yixuan Zhang, Weike Zeng, Ming Front Public Health Public Health A growing body of research has documented the determinants of healthcare expenditure, but no known empirical research has focused on investigating the spatial effects between economic policy uncertainty (EPU) and healthcare expenditure. This study aims to explore the spatial effects of EPU on healthcare expenditure using the panel data of 29 regions in China from 2007 to 2017. Our findings show that healthcare expenditure in China has the characteristics of spatial clustering and spatial spillover effects. Our study also shows that EPU has positive spatial spillover effects on healthcare expenditure in China; that is, EPU affects not only local healthcare expenditure but also that in other geographically close or economically connected regions. Our study further indicates that the spatial spillover effects of EPU on healthcare expenditure only exist in the eastern area. The findings of this research provide some key implications for policymakers in emerging markets. Frontiers Media S.A. 2021-05-04 /pmc/articles/PMC8129179/ /pubmed/34017814 http://dx.doi.org/10.3389/fpubh.2021.673778 Text en Copyright © 2021 Bai, Tang, Zhang and Zeng. https://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
Bai, Pu
Tang, Yixuan
Zhang, Weike
Zeng, Ming
Does Economic Policy Uncertainty Matter for Healthcare Expenditure in China? A Spatial Econometric Analysis
title Does Economic Policy Uncertainty Matter for Healthcare Expenditure in China? A Spatial Econometric Analysis
title_full Does Economic Policy Uncertainty Matter for Healthcare Expenditure in China? A Spatial Econometric Analysis
title_fullStr Does Economic Policy Uncertainty Matter for Healthcare Expenditure in China? A Spatial Econometric Analysis
title_full_unstemmed Does Economic Policy Uncertainty Matter for Healthcare Expenditure in China? A Spatial Econometric Analysis
title_short Does Economic Policy Uncertainty Matter for Healthcare Expenditure in China? A Spatial Econometric Analysis
title_sort does economic policy uncertainty matter for healthcare expenditure in china? a spatial econometric analysis
topic Public Health
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8129179/
https://www.ncbi.nlm.nih.gov/pubmed/34017814
http://dx.doi.org/10.3389/fpubh.2021.673778
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