Health sector in North Macedonia - The analysis of the economic impact

Timotej Jagric*, Stefan Otto Grbenic, Vita Jagric

*Korrespondierende/r Autor/in für diese Arbeit

Publikation: Beitrag in einer FachzeitschriftArtikel

Abstract

This paper analyses the economic impact of the healthcare sector in North Macedonia. We calculate various types of multipliers for the years 2010 and 2015 employing the methodology of input-output tables. The results indicate that additional spending into the healthcare sector has above-average stimulus effects on the national economy. Furthermore, we explore the ranking of the various sectors in the national economy concerning their multipliers' values, finding the healthcare sector to rank high. The results are in line with theoretical expectations based upon the findings of previous studies on the economic footprints of healthcare sectors in other European countries.
Originalspracheenglisch
Seiten (von - bis)281-296
Seitenumfang16
FachzeitschriftInternational Journal of Sustainable Economy
Jahrgang12
Ausgabenummer3
DOIs
PublikationsstatusVeröffentlicht - 15 Nov 2020

ASJC Scopus subject areas

  • !!Development
  • !!Economics and Econometrics
  • !!Management of Technology and Innovation
  • !!Business and International Management
  • Finanzwesen

Fields of Expertise

  • Sonstiges

Treatment code (Nähere Zuordnung)

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  • Application
  • Theoretical

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