Jurnal Pendidikan Ilmu Sosial
Vol 32, No 1 (2023): : JPIS (Jurnal Pendidikan Ilmu Sosial): June 2023

Health Expenditure and Nigeria’s Economic Growth

OKOLIE, Ugo Chuks (Unknown)
FADEYI, Folarin Julius (Unknown)



Article Info

Publish Date
08 Jul 2023

Abstract

Using time series data from 1999 to 2022, this study examines the impact of health financing on economic growth in Nigeria. The findings indicate that the previous year's productive activities have a positive effect on economic growth in both the short and long run. The current domestic government general health expenditure has a negative growth effect on economic growth, whereas the previous year's domestic general government health expenditure has a positive growth effect on economic growth. Domestic private health spending has a significant positive effect on economic growth. As a result, the importance of private health spending over government health spending in improving economic growth is reinforced. Thus, it was determined that health financing is required for long-term economic growth. As a result, the government should increase individual health spending capacity, increase health sector budgetary allocation, and ensure prudent and effective health sector budgetary implementation.  

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Journal Info

Abbrev

jpis

Publisher

Subject

Humanities Education Social Sciences

Description

JPIS (Jurnal Pendidikan Ilmu Sosial) is the leading journal in Social Studies institutions concerning Social studies and education. The journal is multi-disciplinary, welcoming contributions that advance our understanding of education, science ,and technology as social activities. The journal ...