Abstract
Rapid progress to universal healthcare coverage is dependent on adequate resourcing. In low-income-countries, government health expenditure is below the WHO recommended level for universal health coverage and these countries rely heavily on external resources for healthcare financing which is unsustainable. This paper evaluates three options for creating greater domestic fiscal space to support universal health coverage in a more sustainable manner: prioritising the health sector by increasing the health budget share (given a fixed government budget), an earmarked tax for health and increasing foreign aid for health. We use a recursive dynamic computable general equilibrium model to capture the lagged health and healthcare effects. We find that increasing the health share in the general government budget generates higher growth rates in GDP, investment and private consumption, and accelerates poverty reduction in Uganda, leading to increased health, strengthening the case for policy-makers in low- and middle-income countries to frontload investment in healthcare.
Original language | English |
---|---|
Title of host publication | GTAP 21st Annual Conference on Global Economic Analysis, Cartagena, Colombia |
Pages | (in press) |
Volume | (in press) |
ISBN (Electronic) | ISSN 2160-2115 |
Publication status | Published - 15 Jun 2018 |
Event | GTAP 21st Annual Conference on Global Economic Analysis: Framing the future through the Sustainable Development Goals - University of Cartagena, Cartagena, Colombia, Cartagena, Colombia Duration: 13 Jun 2018 → 15 Jun 2018 |
Conference
Conference | GTAP 21st Annual Conference on Global Economic Analysis |
---|---|
Abbreviated title | GTAP2018 |
Country/Territory | Colombia |
City | Cartagena |
Period | 13/06/18 → 15/06/18 |
Keywords
- Healthcare financing
- Uganda
- CGE
- Economic growth
- Macroeconomics