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Table 4 Effects of health care expenditure on life expectancy at birth (years)

From: The effects of public and private health care expenditure on health status in sub-Saharan Africa: new evidence from panel data analysis

 

GLS-fixed effects model

GLS-random effects model

Variables

(1)

(2)

(1)

(2)

Constant

41.577 (1.351)

42.261 (1.364)

41.357 (1.347)

43.000 (1.390)

Real GDP Per Capita

0.002 (5.647)***

0.002 (4.516)***

0.002 (5.474)***

0.002 (4.548)***

Health Expenditure (Total)

0.697 (7.032)***

 

0.615 (6.486)***

 

Health Expenditure (Public)

 

1.039 (5.401)***

 

0.983 ( 5.198)***

Health Expenditure (Private)

 

0.528 (4.148)***

 

0.443 (3.697)***

Population >14 yrs

0.041 (0.136)

0.024 (0.078)

0.051 (0.169)

0.024 (0.082)

Population 15-64 yrs

0.103 (0.325)

0.104 (0.325)

0.111 (0.351)

0.102 (0.319)

Population >65 yrs

−0.421 (−1.161)

−0.491 (−1.342)

−0.433 (−1.198)

−0.509 (−1.393)

HIV Prevalence rate

−0.204 (−3.763)***

−0.162 (−2.683)**

−0.175 (−3.517)***

−0.148 (−2.740)**

R-squared

0.735

0.734

0.138

0.139

Durbin-Watson

0.173

0.161

0.142

0.136

F-Stat.

21.705***

20.952***

11.180***

9.502***

Observations

424

120

424

421

Cross section included

43

 

43

43

  1. Note: ***significant at 1%; **significant at 5%; *significant at 10%.
  2. t-statistics are reported in parenthesis.
  3. (1) is model with aggregate health care expenditure.
  4. (2) is model with aggregate health expenditure decomposed into public and private.