Evaluation of the Production Function of Health in the Countries of the Organization for Economic Cooperation and Development, Latin America and Colombia
DOI:
https://doi.org/10.56294/mw2025460Keywords:
Health Production Function, Organization for Economic Cooperation and Development, Latin America, Gross Domestic Product, Acquired Immunodeficiency Syndrome, Unemployment RateAbstract
Introduction: This article analyzes how variables such as Gross Domestic Product per capita, health spending, infant and neonatal mortality rates, and other economic indicators influence life expectancy and other health outcomes. Using econometric models, we identify the key determinants of health and evaluate the impact of various health policies implemented between 2000 and 2020.
Methods: multiple linear regression models are used to analyze the relationship between economic variables and health outcomes in countries of the Organization for Economic Cooperation and Development and Latin America. Data were collected from reliable sources such as the World Bank and the Organization for Economic Cooperation and Development, covering 2000-2020.
Results: The results support that investment in health, economic development, and public health policies are key determinants of population health. The health production function provides a sound theoretical framework for understanding how health inputs translate into health outcomes and how health policies and programs can influence improving a population's well-being.
Conclusions: The study highlights the relevance of investments in health and economic growth for improving health outcomes in the Organization for Economic Cooperation and Development and Latin American countries. Public policies should ensure adequate financing of the health sector.
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Copyright (c) 2025 Leonardo Javier Caraballo , Rolando Eslava-Zapata , Michelle Calderón-Ortega (Author)
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