Granger causality between total expenditure on health and GDP in OECD: Evidence from the Toda–Yamamoto approach

Arshia Amiri and Bruno Ventelou

Economics Letters, 2012, vol. 116, issue 3, 541-544

Abstract: In this paper, a modified version of the Granger causality test proposed by Toda and Yamamoto is used to investigate causality between GDP and healthcare expenditure in OECD countries. The findings indicate that bidirectional Granger causality is predominant.

Keywords: Healthcare expenditure; GDP; Toda–Yamamoto causality; OECD (search for similar items in EconPapers)
JEL-codes: C12 C32 I10 I18 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (50)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:116:y:2012:i:3:p:541-544

DOI: 10.1016/j.econlet.2012.04.040

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