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Journal of Emerging Trends in Economics and Management Sciences (JETEMS)

ISSN: 2141-7024

 

Article Title:
Health Care Expenditure and Economic Growth in Nigeria: An Empirical Study
by Bakare A.S and Olubokun Sanmi

Abstract:
This paper investigated the relationship between health care expenditures and economic growth in Nigeria. The ordinary least square multiple regression analytical method was used to examine the relationship between health care expenditures and economic growth. The data analysis showed a significant and positive relationship between health care expenditures and economic. The study thus recommended that Nigerian policy makers should pay closer attention to the health sector by increasing its yearly budgetary allocation to the sector. Nevertheless the key to good results lies not in ordinarily increasing particular budgetary allocation but rather in implementing a public finance system that, to the extent possible, links specific expenditure and revenue decisions and ensure the usage of the allocated fund as transparently as possible.
Keywords: health care expenditure, economic growth, budgetary allocation, world health organization, life expectancy
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