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Title: DETERMINANTS OF HEALTH EXPENDITURE: A MACRO LEVEL EVIDENCE FROM INDIA
Authors: Toby Joseph Mathew K.K, Arabi. U
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Toby Joseph Mathew K.K1*, Arabi. U2 1Research Scholar, Department of Economics, Mangalore University, Mangalagangothri - 574119, Karnataka State, India. 2Professor and Research Guide, Department of Economics, Mangalore University, Mangalagangothri - 574119, Karnataka State, India
MLA 8 K.K, Toby Joseph Mathew, and Arabi. U. "DETERMINANTS OF HEALTH EXPENDITURE: A MACRO LEVEL EVIDENCE FROM INDIA." Int. j. of Social Science and Economic Research, vol. 3, no. 5, May 2018, pp. 2161-2172, ijsser.org/more2018.php?id=148. Accessed 2018. APA K.K, T., & U, A. (2018, May). DETERMINANTS OF HEALTH EXPENDITURE: A MACRO LEVEL EVIDENCE FROM INDIA. Int. j. of Social Science and Economic Research, 3(5), 2161-2172. Retrieved from ijsser.org/more2018.php?id=148 Chicago K.K, Toby Joseph Mathew, and Arabi. U. "DETERMINANTS OF HEALTH EXPENDITURE: A MACRO LEVEL EVIDENCE FROM INDIA." Int. j. of Social Science and Economic Research 3, no. 5 (May 2018), 2161-2172. Accessed , 2018. ijsser.org/more2018.php?id=148.
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Abstract: Good health remains one of the top most priorities of most governments in the world-of which the government of India is not an exception- and hence not surprising that it was part of the Millennium Development Goals (MDGs) 4 and 5 and currently Sustainable Development Goal (SDG) 3. However, one major driver of good health adopted by various governments is health expenditure. Hence in order to use health expenditure to gain good health, it is necessary to know the determinants of health expenditure. This study therefore used times series data on India from 1995-2014 whiles employing the Ordinary Least Square (OLS) regression and the BreuschPagan / Cook-Weisberg test for heteroskedasticity as the empirical estimation techniques to investigate the determinants of health expenditure in India. The study found that, while life expectancy had a positive effect on total health expenditure, population and maternal mortality had negative effects. Also, whiles access to measles vaccine by children was found to decrease total health expenditure, death rate was found to increase it. Further, maternal mortality, life expectancy and death rate were found to have negative, positive and positive significant effects on public health expenditure respectively while access to measles vaccine by children was found to reduce private health expenditure in India. In addition, inflation and Gross Domestic Product (GDP) were found not have any significant effects on total, public and private health expenditures in India. It can therefore be concluded that, population, life expectancy, maternal mortality, access to measles vaccine and death rate are the determinants of health expenditure in India.

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