In this study, effects of public and private health expenditures on life expectancy at birth and infant mortality are analysed on a global scale with 195 countries in the years 1995–2014. The global data set is divided into country categories according to growth in life expectancy, decrease in infant mortality rate, and level of gross national income per capita. Some new dynamic panel model estimators, argued to be more efficient with high persistence series and predetermination compared to popular but complex GMM estimators, show that public health expenditures are generally more health-promoting than private expenditures. However, the health effects are not as great as primary education effects. Although the new estimators provide some new and valuable information on health expenditure effects on life expectancy and infant mortality on a global scale, they do not show desired robustness.

中文翻译：

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卫生支出、寿命和儿童死亡率：采用全球数据的动态面板数据方法。


本研究分析了 1995 年至 2014 年全球范围内 195 个国家的公共和私人卫生支出对出生时预期寿命和婴儿死亡率的影响。全球数据集根据预期寿命增长、婴儿死亡率下降和人均国民总收入水平分为国家类别。一些新的动态面板模型估计量被认为比流行但复杂的GMM估计量更有效，具有高持久性序列和预先确定性，表明公共卫生支出通常比私人支出更能促进健康。然而，对健康的影响不如初等教育的影响那么大。尽管新的估计量提供了一些有关全球范围内卫生支出对预期寿命和婴儿死亡率影响的新的有价值的信息，但它们并未表现出预期的稳健性。