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Table 3 Effects of health care expenditures on life expectancy at birth (LIF)

From: Health care expenditure and health outcome nexus: new evidence from the SAARC-ASEAN region

Model

Fixed Effect

Random Effect

C

3.3306

(142.61)a

3.3777

(59.17)a

3.3807

(144.15)a

3.4243

(60.30)a

LNTHE

0.0011

(0.23)

 

0.0055

(1.23)

 

LNPUB

 

−0.0015

(− 0.45)

 

0.0001

(0.04)

LNPRI

 

−0.0093

(− 0.88)

 

− 0.0088

(− 0.85)

LNGDP

0.0740

(13.67)a

0.0750

(14.21)a

0.0608

(12.56)a

0.0631

(13.19)a

LNSAN

0.0911

(16.32)a

0.0890

(15.72)a

0.1004

(19.03)a

0.0972

(17.97)a

R-squared

0.9805

0.9805

0.8888

0.8891

F-Statistic

885.05

885.51

772.96

579.11

Observations

294

294

294

294

Cross-section included

15

15

15

15

  1. Notes: a, **, and
  2. *denote significance level at 1, 5 and 10%, respectively. Figures in the parentheses are t-statistics