Analysis of the impact of Inflation on Health Expenditure in Nigeria (1984-2021)


Authors : Atayi Abraham Vincent; Longduut Dapson Thaddeaus; Chinshaka Ayuba Sitdang; Nanfa Nimvyap; Edache Godwin Omoche; Eshaleku Ose Zacharia

Volume/Issue : Volume 8 - 2023, Issue 6 - June

Google Scholar : https://bit.ly/3TmGbDi

Scribd : https://tinyurl.com/mrynyrcv

DOI : https://doi.org/10.5281/zenodo.8112402

Abstract : This study investigated the relationship between inflation and health expenditure in Nigeria. The continuous and persistence increase in general price level has been a serious challenge to policy makers as well as policy implementation in Nigeria. The research used annual time series data from Central Bank of Nigeria statistical bulletin and World Bank database and Autoregressive Distributed Lag (ARDL) model to estimate the equation. The study therefore, recommends among other things that Government should increase her expenditure on the health sector as it will help to provide all the needed facilities in the healthcare and thereby reducing mortality rate and increase the life expectancy of the citizens.

Keywords : Inflation, Health Expenditure, Economic Growth and Autoregressive Distributed Lag (ARDL).

This study investigated the relationship between inflation and health expenditure in Nigeria. The continuous and persistence increase in general price level has been a serious challenge to policy makers as well as policy implementation in Nigeria. The research used annual time series data from Central Bank of Nigeria statistical bulletin and World Bank database and Autoregressive Distributed Lag (ARDL) model to estimate the equation. The study therefore, recommends among other things that Government should increase her expenditure on the health sector as it will help to provide all the needed facilities in the healthcare and thereby reducing mortality rate and increase the life expectancy of the citizens.

Keywords : Inflation, Health Expenditure, Economic Growth and Autoregressive Distributed Lag (ARDL).

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