Public health expenditures, taxation, and growth
利用美国各州1963-2015年的面板数据，研究发现公共卫生支出对经济增长有正向影响，即使考虑税收和政府预算约束的抵消作用后依然成立。
This note studies the empirical link between public health expenditures and growth using a dynamic panel data model and U.S. state-level data over the period 1963-2015. We find a positive relationship between public health expenditures and growth, even after controlling for the offsetting impacts of the requisite taxation and the government budget constraint.