Public Health Policies and Economic Growth: Experience of the WAEMU and the CAEMC Countries

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DOI: 10.4236/me.2017.811089    964 Downloads   2,113 Views  

ABSTRACT

Purpose of this study is to analyze the implications of public health policies on economic growth in Sub-Saharan African Countries. From the experience of quite two homogeneous Economic Areas, namely the CAEMC and the WAEMU, we will check up the following hypotheses: The trade-off between Public expenditures in health and Economic growth is positive (ii). The income elasticity in the WAEMU Area is higher than that of the CEMAC Zone. Our method is based on the Panel data technique to compare countries from the CAEMC Area and those from the WAEMU zone on the 1995-2013 periods. It leads to the two following outcomes: On one hand, there is a long run relationship between Government health expenditures and economic growth; on the other hand, the income elasticity in the WAEMU is higher.

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Tiehi, T. and Konan, H. (2017) Public Health Policies and Economic Growth: Experience of the WAEMU and the CAEMC Countries. Modern Economy, 8, 1328-1339. doi: 10.4236/me.2017.811089.

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