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An Analysis of the Effect of Health Expenditures on Economic Growth in Selected Developing Countries

Ahmad Mojtahed; Saeed Javadipoor

Volume 6, Issue 19 , July 2004, , Pages 31-54

Abstract
  In this article, we introduce a new concept of Health Capital, and use the augmented Solow model with data from 33 developing countries to analyze the effect of health expenditures on Economic growth. The results show that in addition to physical and human capital, health capital have positive and significant ...  Read More