HEALTH EXPENDITURES AND ECONOMIC GROWTH NEXUS: AN EXAMPLE OF EURASIAN COUNTRIES Cover Image

SAĞLIK HARCAMALARI VE EKONOMİK BÜYÜME İLİŞKİSİ: AVRASYA ÜLKELERİ ÖRNEĞİ
HEALTH EXPENDITURES AND ECONOMIC GROWTH NEXUS: AN EXAMPLE OF EURASIAN COUNTRIES

Author(s): Sıtkıcan Saraçoğlu, Mehmet Songur
Subject(s): Economy, Geography, Regional studies, Economic policy, Health and medicine and law
Published by: Kafkas Üniversitesi Sağlık, Kültür ve Spor Daire Başkanlığı Dijital Baskı Merkezi
Keywords: Employment; unemployment; Post-keynesian Economics;

Summary/Abstract: An increase in health expenditures positively affects of economic growth by increasing lifetime, life expectancy and quality of life of individuals. From this point of view, in this paper the relationship between health expenditures per capita and GDP per capita in 10 Eurasian countries (including Turkey) during 1995-2014 period was investigated. Firstly, Pesaran et al. (2008) cross-section dependency test was applied. After that, Hadri & Kurozumi (2012) Panel Unit Root Test, Westerlund & Edgerton (2007) Panel Cointegration Test and Dumitrescu & Hurlin (2012) Panel Causality Test were applied. The results indicate that there exists bidirectional causality between per capita health expenditures and per capita GDP..

  • Issue Year: 8/2017
  • Issue No: 16
  • Page Range: 353-372
  • Page Count: 20
  • Language: Turkish