Impact of Health Spending on Economic Growth: Empirical Application for the Case of Tunisia
Authors
TAYAA BOUKTHIR and HELALI KALAI MAHA
Abstract
In the present paper, we examine the impact of health expenditures on Tunisian GDP falling on the period 1961-2010 and using the Autoregressive Distributed Lag approach by Pesaran and al. (2001). Our results show That there is a stable long -run relationship between, GDP, health expenditure, labor and capital. On the other hand, the results of the causality test show that there is a bidirectional causal flow from health expenditures to income, both, in the short and in the long run. Key Words: Health Economics, Economic Growth, income, Tunisia.