HEALTH EXPENDITURE AND ECONOMIC GROWTH: IS THE HEALTHLED GROWTH HYPOTHESİS SUPPORTED FOR SELECTED OECD COUNTRIES?

Ayşe Özge Artekin () and Sevilay Konya ()
Additional contact information
Ayşe Özge Artekin: Ph.D. Candidate at Selçuk University, Department of Finance Banking and Insurance, Yunak Vocational School, Turkey
Sevilay Konya: Selçuk University, Department of Management and Organization, Taşkent Vocational School, Turkey

Poslovna izvrsnost-Business Excellence, 2020, vol. 14, issue 1, 77-89

Abstract: The aim of this study was to investigate the health-led growth hypothesis in selected 19 OECD countries. Therefore, in this study, different cointegration tests were applied to investigate the relationship between health expenditures and economic growth for the period 1980-2017. The coefficients of the panel regression equation were estimated by the fixed effect method. According to the results, long-term relationship between health expenditures and economic growth was found. Health-led growth hypothesis for selected OECD countries (Australia, Austria, Belgium, Canada, Denmark, Finland, Iceland, Ireland, Japan, Korea, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States) are supported. That is, a long-term relationship between health expenditure and economic growth has been found

Keywords: Health-Led Growth; Cointegration Test; OECD Countries (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hrcak.srce.hr/file/347256 (application/pdf)
None

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zag:busexc:v:14:y:2020:i:1:p:77-89

Access Statistics for this article

Poslovna izvrsnost-Business Excellence is currently edited by Tonći Lazibat

More articles in Poslovna izvrsnost-Business Excellence from University of Zagreb Faculty of Economics & Business Contact information at EDIRC.
Bibliographic data for series maintained by Dario Dunković ().