PUBLIC HEALTH EXPENDITURE CONVERGENCE ACROSS INDIAN STATES: NEW EVIDENCE FROM LM AND RALS-LM TESTS

AKRAM, VASEEM and Rath, Badri Narayan (2022) PUBLIC HEALTH EXPENDITURE CONVERGENCE ACROSS INDIAN STATES: NEW EVIDENCE FROM LM AND RALS-LM TESTS. The Singapore Economic Review. pp. 1-24. ISSN 0217-5908

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Abstract

This study examines the total per capita health expenditure convergence across 25 Indian states by disaggregating total per capita health expenditure into revenue and capital health expenditure. This study uses the recent Lagrange Multiplier and Residual Augmented Least Squares-Lagrange Multiplier unit root and club convergence tests. Results of unit-root tests indicate the evidence of convergence for aggregate per capita health expenditure and its compositions. The speed of convergence of total per capita health expenditure is found to be approximately 0.15%. Results from sub-panels reveal that special-category states are converging. Based on the findings, it may be appropriate for the central government to design the equalizing transfer system and revisit poor states' per capita health expenditure patterns.

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IITH Creators:
IITH CreatorsORCiD
Rath, Badri Narayanhttp://orcid.org/0000-0001-7211-0952
Item Type: Article
Uncontrolled Keywords: COUNTRIES EVIDENCE,DISPARITIES,GOVERNMENT
Subjects: Social sciences > Political Science & Economics
Arts > Liberal arts
Divisions: Department of Liberal Arts
Depositing User: . LibTrainee 2021
Date Deposited: 20 Sep 2022 05:55
Last Modified: 20 Sep 2022 05:55
URI: http://raiith.iith.ac.in/id/eprint/10625
Publisher URL: http://doi.org/10.1142/S0217590822500631
OA policy: https://v2.sherpa.ac.uk/id/publication/9769
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