linking social spending, human capital, and growth in a system of equations. The paper finds that both education and health … spending have a positive and significant direct impact on the accumulation of education and health capital, and thus can lead …

This paper studies the cyclical behavior of public spending on health and education in 150 countries during 1987 - 2007 …. It finds that spending on education and health is procyclical in developing countries and acyclical in developed … countries. In addition, education and health expenditures follow an asymmetric pattern in developing countries; they are …

This paper estimates the impact of public spending on the poor's health status in over 70 countries. It provides … evidence that the poor have significantly worse health status than the rich and that they are more favorably affected by public … spending on health care. An important new result is that the relationship between public spending and the health status of the …