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Global Health Economics and
            Sustainability
                                                                                Fiscal policy shocks and health outcomes



































            Figure 4. Impulse response of life expectancy to composite shocks to public and private per capita health expenditure in Southern Africa. Image created
            with Stata
            Abbreviations: CI: Confidence interval; IRF: Impulse response function.

































            Figure 5. Impulse response of life expectancy to composite shocks to public and private per capita health expenditure in Western Africa. Image created
            with Stata
            Abbreviations: CI: Confidence interval; IRF: Impulse response function.

              Although most studies (Arthur & Oaikhenan, 2017;   2018) show a positive and significant effect of public and
            Edeme et al., 2017; Oluwatoyin et al., 2015; Boachie et al.,   private health expenditures on health outcomes, these



            Volume 2 Issue 4 (2024)                         8                        https://doi.org/10.36922/ghes.3454
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