Health Expenses and Economic Growth: Convergence Dynamics Across the Indian States

In this paper we explore convergence of real per capita output and health expenses across the Indian States. The new panel convergence methodology, developed by Phillips and Sul (Econometrica 75:1771–1855, 2007), is employed. The empirical findings suggest that these States form distinct convergent...

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Main Authors: Apergis, Nicholas, Padhi, Puja
Format: Journal Article
Published: Springer New York LLC 2013
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/31563
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author Apergis, Nicholas
Padhi, Puja
author_facet Apergis, Nicholas
Padhi, Puja
author_sort Apergis, Nicholas
building Curtin Institutional Repository
collection Online Access
description In this paper we explore convergence of real per capita output and health expenses across the Indian States. The new panel convergence methodology, developed by Phillips and Sul (Econometrica 75:1771–1855, 2007), is employed. The empirical findings suggest that these States form distinct convergent clubs, exhibiting considerable heterogeneity in the underlying growth and health expenses factors. These findings should help policy makers in designing appropriate growth-oriented and/or health sector programs and setting priorities in their implementation.
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spelling curtin-20.500.11937-315632017-09-13T15:20:55Z Health Expenses and Economic Growth: Convergence Dynamics Across the Indian States Apergis, Nicholas Padhi, Puja Growth convergence · Health expenses convergence · Indian States · Logt test In this paper we explore convergence of real per capita output and health expenses across the Indian States. The new panel convergence methodology, developed by Phillips and Sul (Econometrica 75:1771–1855, 2007), is employed. The empirical findings suggest that these States form distinct convergent clubs, exhibiting considerable heterogeneity in the underlying growth and health expenses factors. These findings should help policy makers in designing appropriate growth-oriented and/or health sector programs and setting priorities in their implementation. 2013 Journal Article http://hdl.handle.net/20.500.11937/31563 10.1007/s10754-013-9130-9 Springer New York LLC restricted
spellingShingle Growth convergence · Health expenses convergence · Indian States · Logt test
Apergis, Nicholas
Padhi, Puja
Health Expenses and Economic Growth: Convergence Dynamics Across the Indian States
title Health Expenses and Economic Growth: Convergence Dynamics Across the Indian States
title_full Health Expenses and Economic Growth: Convergence Dynamics Across the Indian States
title_fullStr Health Expenses and Economic Growth: Convergence Dynamics Across the Indian States
title_full_unstemmed Health Expenses and Economic Growth: Convergence Dynamics Across the Indian States
title_short Health Expenses and Economic Growth: Convergence Dynamics Across the Indian States
title_sort health expenses and economic growth: convergence dynamics across the indian states
topic Growth convergence · Health expenses convergence · Indian States · Logt test
url http://hdl.handle.net/20.500.11937/31563