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Measuring the Impact of Health on Economic Growth Using Pooling Data in Regions of Asia: Evidence From a Quantile-On-Quantile Analysis

Health improvement has become a significant social priority since a moderately good human capital condition improves the workforce's abilities, efficiency, and quality of life. A rapid increase in healthcare expenditure is a trend in major developing and developed countries; however, healthcare...

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Autores principales: Wu, Cheng-Feng, Chang, Tsangyao, Wang, Chien-Ming, Wu, Tsung-Pao, Lin, Meng-Chen, Huang, Shian-Chang
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8438143/
https://www.ncbi.nlm.nih.gov/pubmed/34532306
http://dx.doi.org/10.3389/fpubh.2021.689610
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author Wu, Cheng-Feng
Chang, Tsangyao
Wang, Chien-Ming
Wu, Tsung-Pao
Lin, Meng-Chen
Huang, Shian-Chang
author_facet Wu, Cheng-Feng
Chang, Tsangyao
Wang, Chien-Ming
Wu, Tsung-Pao
Lin, Meng-Chen
Huang, Shian-Chang
author_sort Wu, Cheng-Feng
collection PubMed
description Health improvement has become a significant social priority since a moderately good human capital condition improves the workforce's abilities, efficiency, and quality of life. A rapid increase in healthcare expenditure is a trend in major developing and developed countries; however, healthcare expenditure widely varies among most Asian countries. Asian countries contribute a significant amount of output to economic development worldwide. The statistical test power is more efficient for the pooling of national data than individual national data because of the economic value and trade integration of regional nations. This is the first study that applies the quantile-on-quantile approach to investigate the influence of the quantiles of healthcare on the quantiles of the economy's growth for pooling forty countries in the Asian region. As the quantile of healthcare expenditure increases in the countries, the impact of healthcare expenditure on the economy's growth does not guarantee an increase. The positive and negative effects of healthcare expenditure on developing the economic relationship will repeatedly occur when the quantiles of the economy's growth increase in the countries. One implication is that the governments should account for problems such as corruption, bureaucracy, underinvestment, and inefficiency in health-related resource utilization.
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spelling pubmed-84381432021-09-15 Measuring the Impact of Health on Economic Growth Using Pooling Data in Regions of Asia: Evidence From a Quantile-On-Quantile Analysis Wu, Cheng-Feng Chang, Tsangyao Wang, Chien-Ming Wu, Tsung-Pao Lin, Meng-Chen Huang, Shian-Chang Front Public Health Public Health Health improvement has become a significant social priority since a moderately good human capital condition improves the workforce's abilities, efficiency, and quality of life. A rapid increase in healthcare expenditure is a trend in major developing and developed countries; however, healthcare expenditure widely varies among most Asian countries. Asian countries contribute a significant amount of output to economic development worldwide. The statistical test power is more efficient for the pooling of national data than individual national data because of the economic value and trade integration of regional nations. This is the first study that applies the quantile-on-quantile approach to investigate the influence of the quantiles of healthcare on the quantiles of the economy's growth for pooling forty countries in the Asian region. As the quantile of healthcare expenditure increases in the countries, the impact of healthcare expenditure on the economy's growth does not guarantee an increase. The positive and negative effects of healthcare expenditure on developing the economic relationship will repeatedly occur when the quantiles of the economy's growth increase in the countries. One implication is that the governments should account for problems such as corruption, bureaucracy, underinvestment, and inefficiency in health-related resource utilization. Frontiers Media S.A. 2021-08-31 /pmc/articles/PMC8438143/ /pubmed/34532306 http://dx.doi.org/10.3389/fpubh.2021.689610 Text en Copyright © 2021 Wu, Chang, Wang, Wu, Lin and Huang. 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
Wu, Cheng-Feng
Chang, Tsangyao
Wang, Chien-Ming
Wu, Tsung-Pao
Lin, Meng-Chen
Huang, Shian-Chang
Measuring the Impact of Health on Economic Growth Using Pooling Data in Regions of Asia: Evidence From a Quantile-On-Quantile Analysis
title Measuring the Impact of Health on Economic Growth Using Pooling Data in Regions of Asia: Evidence From a Quantile-On-Quantile Analysis
title_full Measuring the Impact of Health on Economic Growth Using Pooling Data in Regions of Asia: Evidence From a Quantile-On-Quantile Analysis
title_fullStr Measuring the Impact of Health on Economic Growth Using Pooling Data in Regions of Asia: Evidence From a Quantile-On-Quantile Analysis
title_full_unstemmed Measuring the Impact of Health on Economic Growth Using Pooling Data in Regions of Asia: Evidence From a Quantile-On-Quantile Analysis
title_short Measuring the Impact of Health on Economic Growth Using Pooling Data in Regions of Asia: Evidence From a Quantile-On-Quantile Analysis
title_sort measuring the impact of health on economic growth using pooling data in regions of asia: evidence from a quantile-on-quantile analysis
topic Public Health
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8438143/
https://www.ncbi.nlm.nih.gov/pubmed/34532306
http://dx.doi.org/10.3389/fpubh.2021.689610
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