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Table 6 The association between fiscal rules and the level of public health care expenditure

From: Fiscal rules, powerful levers for controlling the health budget? Evidence from 32 OECD countries

 

Inflation adjusted government health care expenditure in log

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

 

All countries

Exclude Cluster I countries

FR

− 0.03**

   

− 0.04***

  
 

(0.01)

   

(0.01)

  

ER

 

−0.04**

   

− 0.05***

 
  

(0.01)

   

(0.01)

 

BBR (detailed levels)

     

National

  

−0.02

    
   

(0.02)

    

Supranational

  

−0.06***

    
   

(0.02)

    

Both

  

−0.08***

    
   

(0.02)

    

BBR

   

−0.04**

  

− 0.05***

    

(0.01)

  

(0.01)

Log debt

−0.03**

−0.03*

−0.03*

− 0.03**

−0.03*

− 0.03*

−0.03*

 

(0.01)

(0.01)

(0.01)

(0.01)

(0.01)

(0.01)

(0.01)

Log GDP

0.75***

0.71***

0.83***

0.77***

0.68***

0.62***

0.70***

 

(0.06)

(0.05)

(0.06)

(0.06)

(0.06)

(0.05)

(0.06)

Log population

0.17

0.22

−0.08

0.13

0.13

0.19

0.08

 

(0.12)

(0.12)

(0.15)

(0.12)

(0.13)

(0.13)

(0.13)

IMF bailout

−0.03

− 0.03

− 0.04

− 0.03

− 0.05*

− 0.04

−0.04

 

(0.02)

(0.02)

(0.02)

(0.02)

(0.02)

(0.02)

(0.02)

Constant

−12.80***

−12.41***

−11.31***

−12.58***

−10.60***

−9.95***

−10.26***

 

(1.64)

(1.62)

(1.71)

(1.62)

(1.73)

(1.71)

(1.71)

Country FE

Y

Y

Y

Y

Y

Y

Y

Year FE

Y

Y

Y

Y

Y

Y

Y

N

717

717

717

717

609

609

609

adj. R2

0.997

0.997

0.997

0.997

0.997

0.997

0.997

  1. Standard errors are in parentheses
  2. *p < 0.05, **p < 0.01, ***p < 0.001