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Waste Not, Want Not :, The Efficiency of Health Expenditure in Emerging and Developing Economies, Francesco Grigoli, Javier Kapsoli

Abstract
Public health spending is low in emerging and developing economies relative to advanced economies and health outputs and outcomes need to be substantially improved. Simply increasing public expenditure in the health sector, however, may not significantly affect health outcomes if the efficiency of this spending is low. This paper quantifies the inefficiency of public health expenditure and the associated potential gains for emerging and developing economies using a stochastic frontier model that controls for the socioeconomic determinants of health, and provides country-specific estimates. The results suggest that African economies have the lowest efficiency. At current spending levels, they could boost life expectancy up to about five years if they followed best practices
Table Of Contents
Cover; Abstract; Contents; I. Introduction; II. Measuring the Efficiency of Health Expenditure: A Selective Literature Review; A. Non-Parametric Methods; B. Parametric Methods; III. How Efficient Is Health Spending in Emerging and Developing Economies?; A. Stylized Facts; Tables; 1. Selected Health and Social Indicators; Figures; 1. Public Health Expenditure and Outputs/Outcomes; B. Efficiency Measurement; C. Results; 2. Multicollinearity Diagnostics; 3. SFA Regressions; 2. Potential Gains from Eliminating Inefficiency; 4. Average Potential Gain from Reaching the Regional Average
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (27 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781484364482

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