Analyzing the asymmetric effect of disaggregated health expenditures on economic growth

Sinan Erdogan and Eyup Serdar Erdogan ()
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Eyup Serdar Erdogan: Social Security Institutions of Türkiye

Quality & Quantity: International Journal of Methodology, 2023, vol. 57, issue 3, No 34, 2673-2686

Abstract: Abstract Even though health expenditures are one of the significant determinants of accumulation of human capital and economic growth, researchers have paid less attention to unveiling interactions between health care expenditures and economic performance. The main objective of this study is to investigate disaggregated health care expenditures and economic growth nexus in Türkiye from 1979 to 2019 by using an asymmetric causality approach. The main empirical findings could be briefly summed up as follows: there exist asymmetric causal effects running from total health expenditures, out-of-pocket health expenditures and voluntary health expenditures to economic growth, while there is no asymmetric causal effect from compulsory health expenditures to economic growth. The policy inferences of empirical results for enhancing the productivity of health expenditures are stated in the body of the paper.

Keywords: Health expenditures; Out-of-pocket health expenditures; Health economics; Economic development; Asymmetric causality (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s11135-022-01487-6

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