TY - BOOK ID - 84659311 TI - Waste Not, Want Not : The Efficiency of Health Expenditure in Emerging and Developing Economies AU - Grigoli, Francesco. AU - Kapsoli, Javier. AU - International Monetary Fund. PY - 2013 SN - 1475517149 1484364481 1475569637 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Medical economics. KW - Medical care, Cost of. KW - Cost of medical care KW - Health care costs KW - Health care expenditures KW - Medical care KW - Medical costs KW - Medical expenses KW - Medical service, Cost of KW - Medicine KW - Medical economics KW - Medical savings accounts KW - Economics, Medical KW - Health KW - Health economics KW - Hygiene KW - Costs KW - Economic aspects KW - Foreign Exchange KW - Public Finance KW - National Government Expenditures and Health KW - Health Behavior KW - Health: Government Policy KW - Regulation KW - Public Health KW - National Government Expenditures and Related Policies: General KW - Health: General KW - Public finance & taxation KW - Currency KW - Foreign exchange KW - Health care spending KW - Expenditure KW - Expenditure efficiency KW - Purchasing power parity KW - Expenditures, Public KW - Papua New Guinea UR - https://www.unicat.be/uniCat?func=search&query=sysid:84659311 AB - Public health spending is low in emerging and developing economies relative to advanced economies and health outputs and outcomes need to be substantially improved. Simply increasing public expenditure in the health sector, however, may not significantly affect health outcomes if the efficiency of this spending is low. This paper quantifies the inefficiency of public health expenditure and the associated potential gains for emerging and developing economies using a stochastic frontier model that controls for the socioeconomic determinants of health, and provides country-specific estimates. The results suggest that African economies have the lowest efficiency. At current spending levels, they could boost life expectancy up to about five years if they followed best practices. ER -