Analyzing the asymmetric effect of disaggregated health expenditures on economic growth
Yükleniyor...
Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Springer Science and Business Media B.V.
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
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. © 2022, The Author(s), under exclusive licence to Springer Nature B.V.
Açıklama
Anahtar Kelimeler
Asymmetric causality, Economic development, Health economics, Health expenditures, Out-of-pocket health expenditures
Kaynak
Quality and Quantity
WoS Q Değeri
Scopus Q Değeri
Q1
Cilt
57
Sayı
3