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Does medial tourism promote growth in healthcare sector?

Author

Listed:
  • Hassan F. Gholipour

    (Western Sydney University)

  • Kourosh Esfandiar

    (Edith Cowan University)

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.

Suggested Citation

  • Hassan F. Gholipour & Kourosh Esfandiar, 2025. "Does medial tourism promote growth in healthcare sector?," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 26(2), pages 233-241, March.
    • Handle: RePEc:spr:eujhec:v:26:y:2025:i:2:d:10.1007_s10198-024-01700-3
    DOI: 10.1007/s10198-024-01700-3
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