Interdependence of Public Health Expenditure Efficiency and Economic Development in Growing OECD Economies and the Republic of Serbia

Author:

Prole Ljiljana1,Đurović-Todorović Jadranka2,Božić Dragana3

Affiliation:

1. 1 PhD student, University of Niš , Faculty of Economics , Republic of Serbia

2. 2 University of Niš , Faculty of Economics , Republic of Serbia

3. 3 Tourism organization of Niš , Niš , Republic of Serbia

Abstract

Abstract Economic shocks represent a challenge for health systems because they decrease public revenue, and at the same time, increase the need for publicly funded health care. Since health expenditure is rapidly increasing in most countries, its efficiency must be tested. The subject of research in this paper is exactly the interdependence of public health expenditures and their efficiency, expressed through the anticipated life expectancy, as well as their relationship with economic growth. The correlation analysis conveyed in this paper refers to the period 2010-2019 and it is based on OECD countries’ data, growing OECD economies data, and the data for the Republic of Serbia..

Publisher

Walter de Gruyter GmbH

Subject

Materials Chemistry,Economics and Econometrics,Media Technology,Forestry

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