TY - BOOK AU - Grigoli,Francesco AU - Kapsoli,Javier TI - Waste Not, Want Not: The Efficiency of Health Expenditure in Emerging and Developing Economies T2 - IMF Working Papers; Working Paper SN - 1484364260 : SN - 1018-5941 PY - 2013/// CY - Washington, D.C. PB - International Monetary Fund KW - Developing Economies KW - imf KW - Disability KW - Efficiency KW - Emerging Economies KW - Health and Economic Development KW - Health Expenditure KW - Bulgaria KW - Congo, Democratic Republic of the KW - Dominican Republic KW - Morocco KW - Papua New Guinea N2 - 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 UR - http://elibrary.imf.org/view/IMF001/20773-9781484364260/20773-9781484364260/20773-9781484364260.xml UR - http://www.imfbookstore.org/IMFORG/9781484364260 ER -