Background: Providing healthcare services is one of the essential needs of a community that its shortcoming is considered as a state weaknesses causing widespread social discontent. Accordingly, this study was done to determine the impact of health expenditures on economic growth in D8 Organization for Economic Cooperation members. Methods: In this causal-analysis study, related data and statistics were extracted from WDI2013. Economic assessment was done through Eviews 6 software and using panel data over the period from 1995 to 2012 for D8 countries. Results: According to the results, one-percent increase in each of the variables of government health expenditure and gross capital formation increases economic growth by 0.03 and 0.09 percent respectively. Also one-percent increase in the fertility rate decreases economic growth by 0.04 percent. Conclusion: Given the significant positive impact of government health expenditure on economic growth, it is recommended that policy makers of D8 members consider this type of expenditure as an investment not a cost and by appropriate policies give priority to funding for the health sector and take a step toward achieving economic growth.
Panahi, H., & Aleemran, S. A. (2016). The Effect of Government Health Expenditures on Economic Growth in Countries of D-8 Organization for Economic Cooperation. Health and Development Journal, 4(4), 327-336.
MLA
Hossein Panahi; Seyed Ali Aleemran. "The Effect of Government Health Expenditures on Economic Growth in Countries of D-8 Organization for Economic Cooperation". Health and Development Journal, 4, 4, 2016, 327-336.
HARVARD
Panahi, H., Aleemran, S. A. (2016). 'The Effect of Government Health Expenditures on Economic Growth in Countries of D-8 Organization for Economic Cooperation', Health and Development Journal, 4(4), pp. 327-336.
VANCOUVER
Panahi, H., Aleemran, S. A. The Effect of Government Health Expenditures on Economic Growth in Countries of D-8 Organization for Economic Cooperation. Health and Development Journal, 2016; 4(4): 327-336.
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