Research about the relationship between the health, economic development and public health expenditure----Evidence: From 11 coastal cities in China

Abstract

This paper firstly makes a statement on the necessity of this topic and the practical significance behind it. Then it combs through the relevant theories and literature on health capital, public health expenditure, health economics, and economic growth, and analyses the impact and effect of public health expenditure on health capital as well as economic growth in light of scholars' explorations and findings. By collecting relevant data in recent years in Beijing, China, the impact of public health expenditure on economic growth is explored using econometric methods with Beijing as the main research object. The explanatory variable is public health expenditure, the explanatory variables are health capital and economic growth situation in Beijing, and the rest of the control variables are environment, education, and social situation. According to the data relationship between the explanatory variables and the explanatory variables, the authors put forward different research hypotheses and establish different regression models respectively, so as to explore their correlation. The results of the study show that: Beijing government health expenditure has a great role in promoting health capital, and there is still much room for the government to improve it at present; public health expenditure has a significant positive impact on the economy of Beijing, indicating that increasing public health expenditure helps to promote economic growth, which provides theoretical support and empirical evidence for further improvement of public health policy. Finally, on the basis of empirical analysis, this paper puts forward policy recommendations to increase public health expenditure and improve health capital level in Beijing, so as to promote the economic growth of Beijing based on the correlation between the actual health expenditure, health capital and economic growth in Beijing.