The Role of Institutional Quality in Health Expenditure-Labor Force Participation Nexus in Africa
The study investigated the role of institutional quality in the relationship between health expenditure and labor force participation (LFP) in Africa, taking into consideration two forms of health expenditures (government health expenditure (GHE) and out-of-pocket health expenditure (OOPHE)) and gen...
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| Veröffentlicht in: | Journal of the knowledge economy 2024-03, Vol.15 (1), p.2241-2273 |
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| creator | Opeloyeru, Olaide Sekinat Faronbi, Temitope Olanike Raifu, Isiaka Akande |
| description | The study investigated the role of institutional quality in the relationship between health expenditure and labor force participation (LFP) in Africa, taking into consideration two forms of health expenditures (government health expenditure (GHE) and out-of-pocket health expenditure (OOPHE)) and gender labor force participation dichotomy. We employed data from 39 African countries for the period between 2000 and 2018 using Panel Fixed Effects with Driscoll and Kraay standard errors and a two-stage system Generalized Method of Moments (GMM). The results revealed that GHE yields an increasing effect on total, female, and male LFP. OOPHE, in most cases, leads to a decline in LFP. The institutional quality was found to be detrimental to LFP. The magnitude of the positive effect of GHE on LFP is reduced by the interaction of institutional quality with GHE. In conclusion, we advocate for the improvement in institutional apparatuses across African countries. |
| doi_str_mv | 10.1007/s13132-023-01318-5 |
| format | Article |
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We employed data from 39 African countries for the period between 2000 and 2018 using Panel Fixed Effects with Driscoll and Kraay standard errors and a two-stage system Generalized Method of Moments (GMM). The results revealed that GHE yields an increasing effect on total, female, and male LFP. OOPHE, in most cases, leads to a decline in LFP. The institutional quality was found to be detrimental to LFP. The magnitude of the positive effect of GHE on LFP is reduced by the interaction of institutional quality with GHE. 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We employed data from 39 African countries for the period between 2000 and 2018 using Panel Fixed Effects with Driscoll and Kraay standard errors and a two-stage system Generalized Method of Moments (GMM). The results revealed that GHE yields an increasing effect on total, female, and male LFP. OOPHE, in most cases, leads to a decline in LFP. The institutional quality was found to be detrimental to LFP. The magnitude of the positive effect of GHE on LFP is reduced by the interaction of institutional quality with GHE. 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| source | Springer Online Journals Complete |
| subjects | Economic growth Economic Policy Economics Economics and Finance Entrepreneurship Females GDP Gender Generalized method of moments Government spending Gross Domestic Product Health care expenditures Knowledge economy Labor force Labor market Natural resources Participation Per capita R & D/Technology Policy |
| title | The Role of Institutional Quality in Health Expenditure-Labor Force Participation Nexus in Africa |
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