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)...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2021-03-01
|
Series: | Healthcare |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-9032/9/3/353 |
_version_ | 1797540635302952960 |
---|---|
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. |
first_indexed | 2024-03-10T13:03:58Z |
format | Article |
id | doaj.art-8ae3a999bae340958357529abf7b4e3c |
institution | Directory Open Access Journal |
issn | 2227-9032 |
language | English |
last_indexed | 2024-03-10T13:03:58Z |
publishDate | 2021-03-01 |
publisher | MDPI AG |
record_format | Article |
series | Healthcare |
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 |
work_keys_str_mv | AT antoniorafaelpenasanchez dynamicsofpublicspendingonhealthandsocioeconomicdevelopmentintheeuropeanunionananalysisfromtheperspectiveofthesustainabledevelopmentgoals AT joseruizchico dynamicsofpublicspendingonhealthandsocioeconomicdevelopmentintheeuropeanunionananalysisfromtheperspectiveofthesustainabledevelopmentgoals AT mercedesjimenezgarcia dynamicsofpublicspendingonhealthandsocioeconomicdevelopmentintheeuropeanunionananalysisfromtheperspectiveofthesustainabledevelopmentgoals |