MONETARY AND FISCAL POLICIES EFFECT ON HEALTH SECTOR AND TURKEY REVIEW

Zahide AYYILDIZ Onaran () and Esra BAL Yildiz ()
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Zahide AYYILDIZ Onaran: Ä°stanbul Ãœniversitesi
Esra BAL Yildiz: Ä°stanbul Ãœniversitesi

JOURNAL OF LIFE ECONOMICS, 2020, vol. 7, issue 4, 349-360

Abstract: In this study, the effects of monetary and fiscal policies on the health sector aims to examine the example of Turkey. As a result of the study, it is seen that the fiscal policy is more effective than the monetary policy because the coefficients of the variables in which the fiscalpolicy is represented are larger than the coefficients of the variables in which themonetary policy is represented . In the study, two different models were used to determine the effects of monetary and fiscal policy in order to examine the effects of monetary and fiscal policy on thehealth sector. Firstly, cointegration analysis was done through the establishedmodels, and then, the VAR model, the relationships between variables, errorcorrection model (VECM) and Impact-Response analysis were applied. As a result ofthe research, it was seen that fiscal policies are more effective and sensitive policieson the health sector compared to monetary policies.

Keywords: Economics Policy; Monetary Policy; Development; Health Spending; Social Health (search for similar items in EconPapers)
JEL-codes: E52 E62 I11 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:jle:journl:v:7:y:2020:i:4:p:349-360

DOI: 10.15637/jlecon.7.026

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