4.5 Article

Spatial Spillover Effect of Government Public Health Spending on Regional Economic Growth during the COVID-19 Pandemic: An Evidence from China

期刊

COMPLEXITY
卷 2021, 期 -, 页码 -

出版社

WILEY-HINDAWI
DOI: 10.1155/2021/5552552

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资金

  1. Humanities and Social Sciences Fund of the Ministry of Education of China [17YJC840015]
  2. National Natural Science Foundation of China [81960618]
  3. Foundation of Hubei Key Laboratory of Applied Mathematics [AM201807]
  4. Research Project of College of Engineering and Technology Yangtze University [2020KY07]
  5. Scientific Research Projects of Hubei Provincial Department of Education [B2020341]

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The study found that government public health spending has significant positive spatial correlation and spatial agglomeration effects with regional economic growth, which significantly promotes regional economic growth and also promotes the economic growth of neighboring areas through specific spatial spillover effects.
The COVID-19 pandemic, which was first reported at the end of 2019, has had a massive impact on the Chinese economy and society. The pandemic has seriously tested the emergency management capabilities of the Chinese government regarding public health. Based on the panel data of 31 provinces in China for the period of 2006-2019, this paper examines the impacts of government public health spending on regional economic growth. Furthermore, the possibility of spatial spillover effects of government public health spending is investigated through spatial econometric analysis. Government public health spending and regional economic growth have significant positive spatial correlation and spatial agglomeration effects. The indicator of government public health spending significantly promotes regional economic growth. In addition, it significantly promotes the economic growth of neighboring areas through certain spatial spillovers.

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