International records / OpenAlex research

Financial Development and Households' Healthcare Funding in the Economic Community of West African States (ECOWAS)

Access to quality and affordable healthcare remains a significant challenge in the ECOWAS region, where out-of-pocket (OOP) payments continue to dominate healthcare financing. In this context, we provide a thoughtful and empirical investigation into how financial development, in terms of access, depth, and efficiency, contributes to reducing OOP payments for healthcare in ten ECOWAS countries (Benin, Burkina Faso, Côte d'Ivoire, Ghana, Guinea, Liberia, Niger, Nigeria, Sierra Leone, and Togo). Specifically, we employed the pooled mean group (PMG) estimator and exploratory data analysis, and fou…