Micheal Kofi Boachie|K. Ramu|Tatjana Põlajeva
Public Health Expenditures and Health Outcomes: New Evidence from Ghana
Annamalai University|Annamalai University|EuroAcademy
effect government spending populations health received attention past decades study reexamines link government health expenditures health outcomes establish whether government intervention health sector improves outcomes study uses annual data period 19802014 ghana ordinary least squares ols twostage least squares 2sls estimators employed analyses regression estimates used conduct costeffectiveness analysis results show aside income public health expenditure contributed improvements health outcomes ghana period find overall increasing public health expenditure 10 averts 010244 infant underfive deaths every 1000 live births increasing life expectancy birth 07747 days year health outcome indicator effect income dominates public spending cost per childhood mortality averted ranged us020 us16 whereas cost per extra life year gained ranged us7 us59333 2005 us period although health effect income outweighs public health spending high rising income inequality makes government intervention necessary respect development policy consider raising health sector investment inter alia improve health conditions