Figure 7.

Responses of health indicators to 1% shocks to healthcare expenditure per capita and macroeconomic responses to 1% shocks to economic uncertainty across economies of diverse income levels. This figure demonstrates (1) the varied dynamics of health indicators in response to growth in healthcare expenditure among countries with differing income levels, and (2) the differential responses in economic growth, environmental pollution, and healthcare expenditure in the face of escalating economic uncertainty across countries of disparate income levels. Soild lines and solid dot/asterisk-marked lines depict the median of posterior estimates of the corresponding IRFs, while grey regions and dash(-dotted) lines indicate the 68% error bands constructed from the 16th and 84th percentiles of posterior estimates of the corresponding IRFs.