Evidence map›Paper›PMID 36388279›Full record

ArticleFrontiers in public health2022

Toward an economy of wellbeing: The economic impact of the Welsh healthcare sector.

Timotej Jagrič, Christine Brown, Dušan Fister, Oliver Darlington, Kathryn Ashton, Mariana Dyakova, Mark A Bellis, Vita Jagrič

Abstract read
In one paragraph

Article in Frontiers in public health, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper, 1 of them a synthesis that pooled it.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed, 1 pooled it
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed, 1 synthesis or guideline pooled it.

  1. Pooled it
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

8 authors.

Timotej JagričInstitute of Finance and Artificial Intelligence, Faculty of Economics and Business, University of Maribor, Maribor, Slovenia.
Christine BrownEuropean Office for Investment and Health and Development, World Health Organization, Venice, Italy.
Dušan FisterInstitute of Finance and Artificial Intelligence, Faculty of Economics and Business, University of Maribor, Maribor, Slovenia.
Oliver DarlingtonPublic Health Wales, WHO Collaborating Centre on Investment for Health and Well-being, Capital Quarter 2, Cardiff, United Kingdom.
Kathryn AshtonPublic Health Wales, WHO Collaborating Centre on Investment for Health and Well-being, Capital Quarter 2, Cardiff, United Kingdom.
Mariana DyakovaPublic Health Wales, WHO Collaborating Centre on Investment for Health and Well-being, Capital Quarter 2, Cardiff, United Kingdom.
Mark A BellisPublic Health Wales, WHO Collaborating Centre on Investment for Health and Well-being, Capital Quarter 2, Cardiff, United Kingdom.
Vita JagričInstitute of Finance and Artificial Intelligence, Faculty of Economics and Business, University of Maribor, Maribor, Slovenia.

Funding

World Health Organization 001
6 · The paper itself

Abstract

Population health and wellbeing is both a result, as well as a driver, of economic development and prosperity on global, European, national and sub-national (local) levels. Wales, one of the four United Kingdom (UK) nations, has shown a long-term commitment to sustainable development and achieving prosperity for all, providing a good example of both national and sub-national level, which can be useful for other European countries and regions. In this paper, the economic importance of the healthcare sector to the Welsh economy is explored. We use a large number of data sources for the UK and Welsh economy to derive an economic model for 2017. We estimate output, income, employment, value-added, and import multipliers of the healthcare sector. Results suggest that the healthcare sector has an above average contribution in four explored economic aspects of the Welsh economy (output, income, employment, value-added), according to its impact on the surrounding economic ecosystem. Also, it is below average regarding leaking through imports. The multipliers' values offer empirical evidence when deciding on alternative policy actions. Such actions can be used as a stimulus for encouraging regional development and post-COVID economic recovery. Our study refers to the Welsh healthcare sector's economic impact as a whole. Therefore, we suggest investigating the economic impact of individual healthcare providers in the future.

Indexed as

COVID-19Health Care SectorEcosystemEmploymentHumansIncomeeconomy of wellbeinghealthcare sectorimpact analysisinput-output analysisWales

Identifiers

PMID36388279
PMCPMC9643708

What OpenQuestion holds

Textmetadata
LicenceCC BY
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.