Identifying the Causality Relationship between Health Expenditure and Economic Growth: An Application on E7 Countries

Hasan DİNÇER; Serhat YUKSEL

Article Details

Identifying the Causality Relationship between Health Expenditure and Economic Growth: An Application on E7 Countries

Authors:

Hasan DİNÇER | Serhat YUKSEL

Publisher:

Istanbul Medipol University

Main Topics:

Promotion of health

Journal:

Journal of Health Systems and Policies 2019 Vol.1 Issue 1, pp.5-23

Document Type:

Article

Publication Date:

1/2019

Document Language:

English

Document ID (Org No.):

2000487945

Frequency:

Monthly

eISSN:

2718-0050

pISSN:

2667-4920

Abstract:

 


This study aims to identify the causality relationship
between health expenditure and economic growth in emerging economies. Within
this framework, E7 countries are evaluated by using Pedroni panel cointegration
method and Dumitrescu Hurlin panel causality analysis. For this purpose, annual
data for the years between 1996 and 2016 is considered. As a result of Pedroni
panel cointegration test, it is defined that there is a long run relationship
between economic growth with total health expenditure and public health
expenditure, but this relationship is not valid between private health care
expenditure and economic growth. According to Dumitrescu Hurlin panel causality
analysis results, it is concluded that there is not a causality relationship
from the health expenditure to the economic growth. However, it is also
determined that economic growth is the main cause of total, public and private
health expenditure. Therefore, it is recommended that the role of private
sector in health should be improved so that the health expenditure can have a
positive contribution to the economic development of emerging countries.



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Article Details

Identifying the Causality Relationship between Health Expenditure and Economic Growth: An Application on E7 Countries

Authors: Hasan DİNÇER | Serhat YUKSEL

Publisher: Istanbul Medipol University

Main Topics: Promotion of health

Journal: Journal of Health Systems and Policies 2019 Vol.1 Issue 1, pp.5-23

Document Type: Article

Publication Date: 1/2019

Document Language: English

Document ID (Org No.): 2000487945

Frequency: Monthly

eISSN: 2718-0050

pISSN: 2667-4920

Issues

Authors:

Hasan DİNÇER | Serhat YUKSEL

Publisher:

Istanbul Medipol University

Main Topics:

Promotion of health

Journal:

Journal of Health Systems and Policies 2019 Vol.1 Issue 1, pp.5-23

Document Type:

Article

Publication Date:

1/2019

Document Language:

English

Document ID (Org No.):

2000487945

Frequency:

Monthly

eISSN:

2718-0050

pISSN:

2667-4920