Business School, Wuchang University of Technology, Wuhan, China.
Lahore School of Economics, Lahore, Pakistan.
Front Public Health. 2022 Jun 10;10:936004. doi: 10.3389/fpubh.2022.936004. eCollection 2022.
This paper assesses data from 16 emerging economies between 2000-and 2020 to assess the relationship between business cycles and healthcare expenditure alongside other control variables. Using the Gaussian mixture model, this study analyses the relationship between healthcare spending and business cycles, urbanization, population age, environmental quality, and the gender ratio. The paper finds that there exists a counter-cyclical relationship between economic booms/recessions and healthcare expenditure such that spending decreases during booms and goes up during recessions. The study also finds evidence that environmental quality plays a vital role in influencing healthcare expenditure.
本文评估了 2000 年至 2020 年间 16 个新兴经济体的数据,以评估医疗保健支出与商业周期以及其他控制变量之间的关系。本研究使用高斯混合模型分析了医疗保健支出与商业周期、城市化、人口年龄、环境质量和性别比例之间的关系。本文发现,经济繁荣/衰退与医疗保健支出之间存在反周期关系,即繁荣时期支出减少,衰退时期支出增加。研究还发现,环境质量在影响医疗保健支出方面起着至关重要的作用。