Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/303972 
Year of Publication: 
2023
Citation: 
[Journal:] Cogent Economics & Finance [ISSN:] 2332-2039 [Volume:] 11 [Issue:] 1 [Article No.:] 2175459 [Year:] 2023 [Pages:] 1-20
Publisher: 
Taylor & Francis, Abingdon
Abstract: 
Public healthcare financing is important for achieving one of the 2030 Sustainable Development Goals (SDGs), the goal of healthy living and well-being (SDG3). Understanding the impact of fiscal capacity on public healthcare financing helps in assessing the government's commitment towards attaining SDG3. The study sought to investigate the relationship between fiscal capacity and public health expenditure in Zimbabwe. An Autoregressive Distributed Lag (ARDL) model was estimated using annual time series data for the period 1980-2017. The results of the ARDL model were validated using the Fully Modified Ordinary Least Squares (FMOLS) and Canonical Cointegrating Regression (CCR) methods. The study found that fiscal capacity (measured as the ratio of tax revenue to GDP) impacted positively on public health expenditure. The results suggest that following an improvement in resources, the government prioritised the health sector. The study recommends that the government continues to prioritise health in the national budget to enhance the country's achievement of SDG3.
Subjects: 
ARDL model
fiscal capacity
gross domestic product
public health expenditure
tax revenue
Zimbabwe
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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