THE RELATIONSHIP BETWEEN HEALTH EXPENDITURES AND ECONOMIC GROWTH: AN
INVESTIGATION ON OECD COUNTRIES Cover Image

SAĞLIK HARCAMALARI İKTİSADİ BÜYÜME İLİŞKİSİ: OECD ÜLKELERİ ÜZERİNE BİR İNCELEME
THE RELATIONSHIP BETWEEN HEALTH EXPENDITURES AND ECONOMIC GROWTH: AN INVESTIGATION ON OECD COUNTRIES

Author(s): Seyfettin ERDOĞAN, Durmuş Çağrı YILDIRIM, Ayfer GEDİKLİ
Subject(s): National Economy, Economic policy, Health and medicine and law, Economic development, Socio-Economic Research
Published by: Kafkas Üniversitesi Sağlık, Kültür ve Spor Daire Başkanlığı Dijital Baskı Merkezi
Keywords: Health Expenditures; Economic Growth; Pedroni and Westerlund Test;

Summary/Abstract: The aim of this study is to investigate the relationship between health expenditures and economic growth by using the data of 36 OECD countries for the period 2000-2017 with Pedroni ve Westerlund tests. Pedroni and Westerlund tests, which ignore the cross-sectional dependence, show that there is a long-term relationship between health expenditures and economic growth. However, the obtained results considering the cross-sectional dependence do not support the findings that there is a long-term cointegration relationship between health expenditures and economic growth. The findings of the research showed that health expenditures are not a determinant of growth in the long term.

  • Issue Year: 10/2019
  • Issue No: 20
  • Page Range: 590-607
  • Page Count: 18
  • Language: Turkish