The Impact of Health Expenditure and Economic Growth on Human Development in Algeria: An Empirical Study (2003-2020)
Received on: 10/02/2022 Accepted on: 04/05/2023
Keywords:
Human Development-Health Expenditures-Economic Growth-Algeria-OLS.Abstract
This study examines the effect of government health expenditure, private health expenditure and economic growth on human development index (HDI) in Algeria by using the Ordinary Least Squares Method (OLS) over the period 2003-2020. The Eviews and (SPSS) softwares are used to manipulate and analyze the data. The findings of this study reveal that first, public health expenditures have an insignificant impact on human development which can be confirmed by the low budgets spent by the Algerian government on health during the study period. Second, private health expenditure tends to have a positive and significant impact on human development and finally, the findings indicate that economic growth has a positive and significant impact on the human development in Algeria.