Abstract
The purpose of this study is to investigate the effect of medical tourism revenues on the growth of healthcare sector across 49 emerging and developed economies from 2008 to 2022. Using panel GMM and PMG/ARDL estimation methods, the results show that higher levels of medical tourism revenues promote growth in the healthcare sector. This finding remains robust across different sample periods, alternative measure of healthcare sector performance, and model specifications.
Document Type
Journal Article
Date of Publication
1-1-2025
Volume
26
Publication Title
European Journal of Health Economics
Publisher
Springer
School
Business; Tourism and Travel
RAS ID
70326
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.
First Page
233
Last Page
241
Comments
Gholipour, H. F., & Esfandiar, K. (2025). Does medial tourism promote growth in healthcare sector?. The European Journal of Health Economics, 26, 233-241. https://doi.org/10.1007/s10198-024-01700-3