Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/183546
Authors: 
Bender, Katja
Year of Publication: 
2011
Series/Report no.: 
IEE Working Papers 192
Abstract: 
The paper analyzes the comparative effects of alternative health financing mechanisms on economic growth within a two-sector model with human capital. The transitional growth effects of a social insurance system are stronger than those of an out-of-pocket payment system. A private health insurance system ranks 'in between'. If physical capital relative to health is abundant, investments in health have stronger growth effects, which points to the relevance of health investments in particular for developing countries. The relative advantage of a health financing system in the long run depends on the relative amount of investment in health within each system.
Subjects: 
Economic growth
Health
Health financing
Human capital
Social insurance
JEL: 
E24
I15
H51
O11
O41
ISBN: 
978-3-927276-78-9
Document Type: 
Working Paper
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