Table 6.

The association between fiscal rules and the level of public health care expenditure

	Inflation adjusted government health care expenditure in log
	(1)	(2)	(3)	(4)	(5)	(6)	(7)
	All countries				Exclude Cluster I countries
FR	− 0.03**				− 0.04***
	(0.01)				(0.01)
ER		−0.04**				− 0.05***
		(0.01)				(0.01)
BBR (detailed levels)
National			−0.02
			(0.02)
Supranational			−0.06***
			(0.02)
Both			−0.08***
			(0.02)
BBR				−0.04**			− 0.05***
				(0.01)			(0.01)
Log debt	−0.03**	−0.03*	−0.03*	− 0.03**	−0.03*	− 0.03*	−0.03*
	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)	(0.01)
Log GDP	0.75***	0.71***	0.83***	0.77***	0.68***	0.62***	0.70***
	(0.06)	(0.05)	(0.06)	(0.06)	(0.06)	(0.05)	(0.06)
Log population	0.17	0.22	−0.08	0.13	0.13	0.19	0.08
	(0.12)	(0.12)	(0.15)	(0.12)	(0.13)	(0.13)	(0.13)
IMF bailout	−0.03	− 0.03	− 0.04	− 0.03	− 0.05*	− 0.04	−0.04
	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)	(0.02)
Constant	−12.80***	−12.41***	−11.31***	−12.58***	−10.60***	−9.95***	−10.26***
	(1.64)	(1.62)	(1.71)	(1.62)	(1.73)	(1.71)	(1.71)
Country FE	Y	Y	Y	Y	Y	Y	Y
Year FE	Y	Y	Y	Y	Y	Y	Y
N	717	717	717	717	609	609	609
adj. R2	0.997	0.997	0.997	0.997	0.997	0.997	0.997

Standard errors are in parentheses

*p < 0.05, **p < 0.01, ***p < 0.001