20.500.12556/DKUM-89130 Toward an economy of wellbeing the economic impact of the Welsh healthcare sector 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. input-output analysis healthcare sector Wales impact analysis economy of wellbeing analiza zdravstveni sektor analiza učinka ekonomija dobrega počutja true false true Frontiers Media S. A. Angleški jezik Slovenski jezik Znanstveno delo 2024-06-17 13:46:59 2024-06-17 13:59:33 2024-06-18 03:23:28 0000-00-00 00:00:00 2022 0 0 Str. 1-14 Št. članka 953752 Letn. 10 2022 0000-00-00 Zaloznikova Objavljeno NiDoloceno 2022-05-26 2022-10-05 2022-10-26 613 128221443 10.3389/fpubh.2022.953752 2296-2565 Jagric-2022-Toward_an_economy_of_wellbeing__Th.pdf Jagric-2022-Toward_an_economy_of_wellbeing__Th.pdf 1 9CEEA3200C63BE942F939A5920C791CD 5064b8bdabf7d589b6c0ea6f4dc592445b5b070817a1017fec3e0fc5590837db dd60fc70-2ca0-11ef-be7d-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=180580 https://doi.org/10.3389/fpubh.2022.953752 0 4ff1e132-2c9f-11ef-be7d-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=180579 Ekonomsko-poslovna fakulteta 0 0 0