Economics, Econometrics and Finance
4 years ago

Government spending on health boosts welfare in Asian developing countries.

Jurnal Ekonomi & Studi Pembangunan
Does Government Spending in Health, Education, and Military Improve Welfare in Asian Developing Countries?
Wiksadana Wiksadana, Estro Dariatno Sihaloho

Paper Summary

Government spending on health, education, and military in Asian developing countries positively impacts welfare. A study analyzed data from 20 Asian countries from 2013 to 2017. Results show that health spending has the biggest effect on welfare, followed by education and military spending.

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