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Healthcare Expenditure and Economic Performance: Insights From the United States Data

机译:医疗保健支出和经济绩效:来自美国数据的见解

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This research explores the association of public health expenditure with economic performance across the United States. Healthcare expenditure can result in better provision of health opportunities, which can strengthen human capital and improve the productivity, thereby contributing to economic performance. It is therefore important to assess the phenomenon of healthcare spending in a country. Using visual analytics we collected economic and health data from the Bureau of Economic Analysis and the Bureau of Labor Statistics for the years 2003-2014. The overall results strongly suggest a positive correlation between healthcare expenditure and the economic indicators of income, GDP, and labor productivity. While healthcare expenditure is negatively associated with multi-factor productivity, it is positively associated with the indicators of labor productivity, personal spending, and GDP. The study shows that an increase in healthcare expenditure has a positive relationship with economic performance. There are also variations across states that justify further research. Building on this and prior research, policy implications include that the good health of citizens indeed results in overall better economy. Therefore, investing carefully in various healthcare aspects would boost income, GDP, and productivity, and alleviate poverty. In light of these potential benefits, universal access to healthcare is something that warrants further research. Also, research can be done in countries with single-payer systems to see if a link to productivity exists there. The results support arguments against our current healthcare system’s structure in a limited way.
机译:本研究探讨了公共卫生支出与美国经济表现的协会。医疗保健支出可以提高卫生机会,可以加强人力资本并提高生产力,从而有助于经济绩效。因此,评估在一个国家的医疗保健支出的现象是很重要的。使用视觉分析我们从经济分析局和2003 - 2014年劳动统计局收集经济和健康数据。总体结果强烈建议医疗保健支出与收入,GDP和劳动生产率的经济指标之间存在正相关。虽然医疗保健支出与多因素生产力负相关,但它与劳动生产率,个人支出和GDP的指标正相关。该研究表明,医疗保健支出的增加与经济绩效有着积极的关系。各国还有不同的变化,证明了进一步的研究。基于这一和事先研究,政策含义包括公民的良好健康状况确实导致整体更好的经济。因此,在各种医疗方面仔细投资将提高收入,GDP和生产力,并减轻贫困。鉴于这些潜在的好处,普遍获得医疗保健的人是保证进一步研究的东西。此外,可以在单个付款人系统中进行研究,以查看是否存在与生产力的链接存在。结果支持以有限的方式对目前医疗保健系统结构的论据。

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