TITLE:
Public Health Policies and Economic Growth: Experience of the WAEMU and the CAEMC Countries
AUTHORS:
Tito Nestor Tiehi, Hypolite Konan
KEYWORDS:
Government Expenditures, Health, Economic Growth, Panel Data, CAEMC, WAEMU
JOURNAL NAME:
Modern Economy,
Vol.8 No.11,
November
16,
2017
ABSTRACT: Purpose of this study is to analyze the implications
of public health policies on economic growth in Sub-Saharan African Countries. From
the experience of quite two homogeneous Economic Areas, namely the CAEMC and the
WAEMU, we will check up the following hypotheses: The trade-off between Public expenditures
in health and Economic growth is positive (ii). The income
elasticity in the WAEMU Area is higher than that of the CEMAC Zone. Our method is
based on the Panel data technique to compare countries from the CAEMC Area and those
from the WAEMU zone on the 1995-2013 periods. It leads to the two following outcomes:
On one hand, there is a long run relationship between Government health expenditures
and economic growth; on the other hand, the income
elasticity in the WAEMU is higher.