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Production of Public Goods. Cross-Country Сomparison

Student: Liudmila Nikiforova

Supervisor: Marina V. Silaeva

Faculty: Faculty of Economics

Educational Programme: Economics (Bachelor)

Year of Graduation: 2017

Production of public goods and services is an essential function of any state. This research aims to analyze health sector, specifically to determine factors which influence public health spending. The following factors were selected: GDP per capita, the proportion of the population under the age of 15, the proportion of the population over 60, the incidence of tuberculosis per 100,000 people, the proportion of the urban population, and the proportion of the unemployed in the economically active population. In this paper, panel data are used for 152 countries from 2000 to 2014. The results are compared for 4 income groups of countries according to the World Bank classification. It was found that the main factor affecting public spending on health is income, as are the aging population for rich countries and the proportion of the urban population for low- and middle-income countries.

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