 Do Health Spending and Economic Growth Matter in Development? Evidence from TurkeyEbru Z. Boyacıoğlu and M. Kenan Terzioğlu Journal of Research in Economics, Politics & Finance, 2022, vol. 7, issue SI, 19-32 Abstract: Development is a multi-dimensional process that involves changes in social and economic structure. The study deals with the relationship between health spending (HS), economic growth per capita (RGDP), and development level (HDI). A country's healthcare situation is the key component of the development level. The study explores the interdependence in Turkey and aims to combine economic level and health aspects of development. Based on this idea, the relation between the variables is analyzed by using Johansen co-integration and causality tests. The data set covers the period from 1990-2019. The empirical findings of the study confirm a significant relationship between development level, health spending, and economic growth both in short term and long term in Turkey. The causality results showed only one-way causality was obtained, from HS to HDI and from GDP to HDI. Findings show that an increase in health spending and income level in Turkey affects development positively in the long run. A planned increase in health expenditures for sustainable development is presented as a future direction. Keywords: Health; Economic growth; Development; Co-integration; Causality; Turkey (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ahs:journl:v:7:y:2022:i:si:p:19-32 Access Statistics for this article More articles in Journal of Research in Economics, Politics & Finance from Ersan ERSOY |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.