Table 4.

The role of physical capital accumulation and human capital channels in the economic growth effect of healthcare expenditure in China's different regions.

Regions	PCA		HCA
	Short-term	Long-term	Short-term	Long-term
CN	−0.0916	0.0376	0.0356	0.2392
NMG	−0.0075	−0.1277	0.0074	0.0195
JL	−0.0093	−0.0135	0.0067	0.0053
SC	−0.0332	−0.0027	0.0077	0.0164
BJ	−0.0411	0.0565	0.0304	0.0138
YJ	−0.0063	0.0707	0.0031	0.0186

PCA, represents physical capital accumulation expenditure in GDP (%); HCA, represents human capital accumulation expenditure in GDP (%).