Health Human Capital, Medical and Health Fiscal Expenditure and Fiscal Policies——Empirical Research Based on the Change of Serious Diseases Spectrum in China
HOU Shi-an, LIU Shuo-tao
School of Public Finance and Taxation, Zhongnan University of Economics and Law, Wuhan 430073, China
Abstract:
Based on the change of the spectrum of serious diseases in China, this paper constructs a function model about health, uses the time series data, and adopts the stepwise regression method to analyze the formation and accumulation of the health human capital in China under the influence of major diseases, medical and health fiscal expenditure and personal health expenditure. The study shows that the negative impact of the disease spectrum change on the formation and accumulation of health human capital and the supply of labor is becoming more and more prominent. As China’ economy steps into “new normal”, the degree of the aging continues to deepen and the level of urbanization continues to improve, it is very important to give fiscal policies its full play to promote the formation and accumulation of the health human capital in this period, because finance is the foundation and important pillar of our state governance.
HOU Shi-an, LIU Shuo-tao.Health Human Capital, Medical and Health Fiscal Expenditure and Fiscal Policies——Empirical Research Based on the Change of Serious Diseases Spectrum in China[J] Economic Survey, 2017,V34(4): 141-146