August 11, 2025Economics & SociologyOpen Access

Health-led economic growth in short and long run: Case of European countries

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Healthcare expenditure positively influences economic growth in the long run, but not consistently in the short run.
In studying 34 European countries from 2000 to 2023, results were only partially supportive of the proposed hypotheses.
Cluster analysis and pooled mean group estimator were employed to assess healthcare-financing effects on GDP per capita growth.
Findings suggest variations in health expenditure impacts depend on country income levels, emphasizing efficiency in resource allocation.

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Analysis demonstrates healthcare spending impacts GDP in European countries, highlighting efficiency concerns.

Kuzior et al. (2025) studied this question.

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