Health financing and economic growth in Côte d'Ivoire
DOI:
https://doi.org/10.34874/PRSM.mjph-vol3iss2.27750Keywords:
Health, funding, economic growthAbstract
The paper examines the link between public expenditure on health personnel (HRH) and economic growth in Côte d'Ivoire. It analyzes the nature of sectorial links, evaluates the impact of health financing on the Ivorian productive structure and institutional units.
The methodology consisted of developing a social accounting matrix from INS[1] accounting data (ERT, TCEI 2013), determining the technical coefficients and the inverse matrix. The inverse matrix is the SAM multiplier, an Input-Output method that was used for the health investment expenditure simulations in Excel. The simulation consists in introducing a shock into the model in terms of increased spending.
A 1% increase in public spending on health leads to an additional increase of 0.14% in household income, 0.7% in the income of institutional units and 0.56% in GDP.
Health seems to be a key sector of the Ivorian economy where funding should be increased, specifically in the training of health personnel and investment in infrastructure and equipment.
[1] Institut National de la Statistique de Côte d’Ivoire.
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