Determinants of Public Health Expenditures Efficiency in BRICS Countries

The optimization of public expenditures has importance on utilizing scarce resources in the best way possible and maximizing public welfare. Likewise, public health expenditures positive affect on quality of life depends on the efficiency of these investments. In this study, the determinants of public health expenditures efficiency investigated for BRICS countries the period of 2000-2013. Accordingly, in order to determine the efficiency of public health expenditures, data envelopment analysis (DEA) used then economic and corporate factors, which determine the efficiency of public health expenditures examined with Logit and Tobit estimation technique. According to findings derived from these analyses, the rate of unemployment and inflation, investment expenditures and corruption variables are significant determinants in the efficiency of public health expenditures in BRICS countries