الفهرس 
Chapter One: The Relationship between Health Expenditure and Economic Growth: Theoretical SurveyOnly 14 pages are availabe for public view
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Abstract
Health expenditure contributes positively to stimulating economic growth; this
relationship is known as health-led growth hypothesis. The directional relationship
between health expenditure and economic growth was found to be moving in both
directions. from one side good health affect labor supply positively, reduce the
opportunity cost of resources used in treatment; it also has a positive effect on
educational returns and increases the incentive to save. On the other side with high
levels of economic growth a country will have more capacity to increase resources
advocated to health, and will have better infrastructure for swage as well as clean
water.
The aim of this study is to test the health expenditure led growth hypothesis in
Egypt, through investigating the casual relationship between health expenditure and
economic growth. The study employs a VECM- model test within multi-variate cointegration
and error correction framework to analyze the direction of relationship
between both variables. The study used data from 1980 to 2010. The main findings of
this study indicate a one way Granger causality running from economic growth to
health expenditure in the short run. While in the long run there is a one way Granger
causality running from health expenditure to economic growth.