Scrutinizing Public-Private Sector Investment Spending and Budgetary Deficit in the Health Sector of Pakistan: A Time Series Approach
Journal Title: Qlantic Journal of Social Sciences - QJSS - Year 2024, Vol 5, Issue 1
Abstract
The public and private sector spending is crucial for appropriate resource allocation. Private sector spending makes the government to be lenient since the obligations to provide facilities to the general public are shared with the private sector. Meanwhile, public sector spending rests at the allocation of the budget. A heavy budgetary deficit can cause the government to reduce its spending. This study attempted to evaluate the interplay of private-sector spending, budgetary deficit, and public-sector spending in the health sector of Pakistan within the period from 1980 to 2023. The standard econometric technique of Autoregressive Distributed Lag (ARDL) is incorporated to find the desired results. Based on the empirical results, it is found that private and public sector spending on the health sector is a substitute for each other. At the same time, the budgetary deficit is found to increase government spending on the health sector. The study suggests that the private sector is sufficient in covering health-related issues; thus, the government can locate another sector that needs financial support. Also, a manageable budgetary deficit is not harmful if spending is carried out in the health sector.
Authors and Affiliations
Khawaja Asif Mehmood Fareeha Riaz Farzana Munir Sidra Ilyas MUHAMMAD Aurmaghan
Keywords
Related Articles
- EP ID EP733322
- DOI https://doi.org/10.55737/qjss.673117356
- Views 41
- Downloads 1
Internationalization of Higher Education and Its Influence on the Educational Development in Pakistan
Pakistan is passing through the initial stages of internationalization of higher education. The basic challenges in the internationalization of higher education are the brain drain and economic development. For this very...
Analysis of Brain-based Learning Pattern in Early Childhood Education in Punjab
This study investigated teachers' attitudes towards Brain-Based Learning (BBL) in Early Childhood Education (ECE) using a descriptive approach and purposive sampling. Data from 209 teachers in Multan's Government schools...
Exploring Ideologies the Educational Function in Primary English Textbooks (SNC-2020): A Multimodal Analysis
This investigation aims to decode the implicit ideologies in the chosen images and their function to support the process of getting an education in the Primary English Textbook (SNC2020) of grades (1-3) from the academic...
Exploring Socio-economic and Physical Causes of Breast Cancer: A Case Study of Irnum Hospital Peshawar
The main theme of this study is to find out the social factors contributing to BC. This study was conducted in IRNUM hospital Peshawar. A sample size of 60 respondents (BC patients) was randomly selected in the selected...
Testing Club Convergence across Pakistan’s Districts by Using a Household Welfare Index
The study of club convergence has taken center stage in the literature on economic growth and development over the last three decades. GDP per capita has usually been employed as a proxy for the measurement of national w...