The Impact of a Country’s Health Expenditure on COVID-19 Cases
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The coronavirus pandemic has upended modern society and forced governments in countries around the world to reevaluate their current healthcare systems. This study attempts to understand the relationship between a country’s healthcare capabilities (as measured by current health expenditure) and their response to the coronavirus pandemic (as measured by COVID-19 cases). Other explanatory variables in this study are HDI indexes, life expectancy, GDP per capita and COVID-19 deaths will be used to further understand the relationship. This study uses simple and multiple regression models to estimate the relationship between current health expenditure and COVID-19 cases. A positive correlation between health expenditure and COVID-19 cases is hypothesized and supported by the linear regression models constructed in this study.