Browsing by Author "Srivastava N"
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- ItemHealthcare expenditure and bank deposits(Elsevier, 2023-10-01) Srivastava N; Tripe D; Yuen MKThis paper investigates the effects of healthcare expenditure on bank deposits in a cross- country analysis. We use government healthcare expenditure, and government and compulsory contributions to the healthcare system as a proxy for healthcare development. The results show a positive relationship between healthcare expenditure and bank deposits. This result is stronger in high income countries and those with a high level of healthcare infrastructure. The results are robust with various specifications tests, including in the COVID-19 pandemic period.