Dynamics of Public Spending on Health and Socio-Economic Development in the European Union: An Analysis from the Perspective of the Sustainable Development Goals

In recent years, healthcare has become a fundamental pillar of the level of well-being of any society. With the aim of improving the lives of countries and societies, in 2015 the United Nations (UN) approved the 2030 Agenda for Sustainable Development. Among the Sustainable Development Goals (SDGs)...

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Main Authors: Antonio Rafael Peña-Sánchez, José Ruiz-Chico, Mercedes Jiménez-García
Format: Article
Language:English
Published: MDPI AG 2021-03-01
Series:Healthcare
Subjects:
Online Access:https://www.mdpi.com/2227-9032/9/3/353
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author Antonio Rafael Peña-Sánchez
José Ruiz-Chico
Mercedes Jiménez-García
author_facet Antonio Rafael Peña-Sánchez
José Ruiz-Chico
Mercedes Jiménez-García
author_sort Antonio Rafael Peña-Sánchez
collection DOAJ
description In recent years, healthcare has become a fundamental pillar of the level of well-being of any society. With the aim of improving the lives of countries and societies, in 2015 the United Nations (UN) approved the 2030 Agenda for Sustainable Development. Among the Sustainable Development Goals (SDGs) set out in the Agenda are health and well-being (O3) and the reduction of inequalities (O10). The general objective of this paper is to analyse the impact that the level of socioeconomic development, as well as the evolution of inequalities, have had on public spending on health in European Union countries. The research methodology is based on the application of a regression model and statistical techniques such as sigma convergence, beta convergence and the Gini index. We can see that the levels of public spending on health per capita, the level of socio-economic development and the degree of inequality are closely related in these countries. For this reason, we suggest maintaining sustainable economic growth to reduce the economic disparities between EU countries, and also the current differences in public spending on health per capita.
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spelling doaj.art-8ae3a999bae340958357529abf7b4e3c2023-11-21T11:17:04ZengMDPI AGHealthcare2227-90322021-03-019335310.3390/healthcare9030353Dynamics of Public Spending on Health and Socio-Economic Development in the European Union: An Analysis from the Perspective of the Sustainable Development GoalsAntonio Rafael Peña-Sánchez0José Ruiz-Chico1Mercedes Jiménez-García2Department of General Economy and INDESS, University of Cádiz, 11405 Jerez de la Frontera, SpainDepartment of General Economy and INDESS, University of Cádiz, 11405 Jerez de la Frontera, SpainDepartment of General Economy and INDESS, University of Cádiz, 11405 Jerez de la Frontera, SpainIn recent years, healthcare has become a fundamental pillar of the level of well-being of any society. With the aim of improving the lives of countries and societies, in 2015 the United Nations (UN) approved the 2030 Agenda for Sustainable Development. Among the Sustainable Development Goals (SDGs) set out in the Agenda are health and well-being (O3) and the reduction of inequalities (O10). The general objective of this paper is to analyse the impact that the level of socioeconomic development, as well as the evolution of inequalities, have had on public spending on health in European Union countries. The research methodology is based on the application of a regression model and statistical techniques such as sigma convergence, beta convergence and the Gini index. We can see that the levels of public spending on health per capita, the level of socio-economic development and the degree of inequality are closely related in these countries. For this reason, we suggest maintaining sustainable economic growth to reduce the economic disparities between EU countries, and also the current differences in public spending on health per capita.https://www.mdpi.com/2227-9032/9/3/353health policieslevel of economic developmentsigma convergenceGini indexSDGs
spellingShingle Antonio Rafael Peña-Sánchez
José Ruiz-Chico
Mercedes Jiménez-García
Dynamics of Public Spending on Health and Socio-Economic Development in the European Union: An Analysis from the Perspective of the Sustainable Development Goals
Healthcare
health policies
level of economic development
sigma convergence
Gini index
SDGs
title Dynamics of Public Spending on Health and Socio-Economic Development in the European Union: An Analysis from the Perspective of the Sustainable Development Goals
title_full Dynamics of Public Spending on Health and Socio-Economic Development in the European Union: An Analysis from the Perspective of the Sustainable Development Goals
title_fullStr Dynamics of Public Spending on Health and Socio-Economic Development in the European Union: An Analysis from the Perspective of the Sustainable Development Goals
title_full_unstemmed Dynamics of Public Spending on Health and Socio-Economic Development in the European Union: An Analysis from the Perspective of the Sustainable Development Goals
title_short Dynamics of Public Spending on Health and Socio-Economic Development in the European Union: An Analysis from the Perspective of the Sustainable Development Goals
title_sort dynamics of public spending on health and socio economic development in the european union an analysis from the perspective of the sustainable development goals
topic health policies
level of economic development
sigma convergence
Gini index
SDGs
url https://www.mdpi.com/2227-9032/9/3/353
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AT mercedesjimenezgarcia dynamicsofpublicspendingonhealthandsocioeconomicdevelopmentintheeuropeanunionananalysisfromtheperspectiveofthesustainabledevelopmentgoals