Analyzing the Interplay Between Economic Growth and Health Expenditures: The Case of Emerging Economies

Gök, Mehmet Şahin; Öngel, Volkan; Altındağ, Erkut

doi:10.20460/jgsm.2019.268

Cited by 8 publications

(7 citation statements)

References 8 publications

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“…Our study confirms the results of the papers of Gok et al (2018), Atems (2019), and Modibbo and Saidu (2020) which claim that economic growth has positive impact on health expenditure. As far as the impact of per capita carbon dioxide emissions is concerned on health expenditure, our result is confirmed from mixed results from papers such as Oyelade et al (2020) showing a positive relationship, whereas the paper of Akbar et al (2021) show a bilateral relationship between these two variables.…”

Section: Constantsupporting

confidence: 92%

“…Moreover, Piabuo and Tieguhong (2017) showed that increased spending on health increases human capital productivity and contributes positively to economic growth. Gok et al (2018) examined the connection between the efficiency of health expenditure and economic growth in emerging economies during the period from 2008 to 2012. The study revealed that economic growth can substantially enhance the efficiency of health expenditure in the countries analyzed.…”

Section: Healthcare Expenditure and Economic Growthmentioning

confidence: 99%

See 1 more Smart Citation

The impact of greenhouse gas emissions and economic growth on health expenditure of EU countries: A panel data analysis

Dritsaki,

Argyriou

et al. 2024

J. Infras. Policy. Dev.

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The increase in energy consumption is closely linked to environmental pollution. Healthcare spending has increased significantly in recent years in all countries, especially after the pandemic. The link between healthcare spending, greenhouse gas emissions and gross domestic product has led many researchers to use modelling techniques to assess this relationship. For this purpose, this paper analyzes the relationship between per capita healthcare expenditure, per capita gross domestic product and per capita greenhouse gas emissions in the 27 EU countries for the period 2000 to 2020 using Error Correction Westerlund, and Westerlund and Edgerton Lagrange Multiplier (LM) bootstrap panel cointegration test. The estimation of model coefficients was carried out using the Augmented Mean Group (AMG) method adopted by Eberhardt and Teal, when there is heterogeneity and cross-sectional dependence in cross-sectional units. In addition, Dumitrescu and Hurlin test has been used to detect causality. The findings of the study showed that in the long run, per capita emissions of greenhouse gases have a negative effect on per capita health expenditure, except from the case of Greece, Lithuania, Luxembourg and Latvia. On the other hand, long-term individual co-integration factors of GDP per capita have a positively strong impact on health expenditure per capita in all EU countries. Finally, Dumitrescu and Urlin’s causality results reveal a significant one-way causality relationship from GDP per capita and CO2 emissions per capita to healthcare expenditure per capita for all EU countries.

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Section: Constantsupporting

confidence: 92%

Section: Healthcare Expenditure and Economic Growthmentioning

confidence: 99%

The impact of greenhouse gas emissions and economic growth on health expenditure of EU countries: A panel data analysis

Dritsaki,

Argyriou

et al. 2024

J. Infras. Policy. Dev.

View full text Add to dashboard Cite

show abstract

“…Gok et al ( 2018 ) study the relation between healthcare expenditure and economic growth in emerging BRICS countries as well as Mexico, Indonesia, South Korea, and Turkey from 2008 to 2012. Healthcare expenditure was used as the only input criterion on DEA model (a linear programming technique).…”

Section: Literature Reviewmentioning

confidence: 99%

The Relationship Between Health Expenditure, CO2 Emissions, and Economic Growth in G7: Evidence from Heterogeneous Panel Data

Dritsaki

2023

J Knowl Econ

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AbstractΤhe current paper examines the relationship between per capita health care expenditures, per capita CO2 emissions, and per capita gross domestic product (GDP) in G7 countries. At the beginning, we examine the cross-sectional dependence and the slope homogeneity between the countries. Then, the second-generation unit root test is applied using the Pesaran, CIPS (2007) test, while for the cointegration test, the Westerlund (Oxford Bulletin of Economics and Statistics 69(6):709-748, 2007) test was applied. The long -run panel cointegration coefficients were analyzed with the augmented mean group (AMG) estimators, which allow the cross-sectional dependence and heterogeneity. Finally, the test by Dumitrescu and Hurlin (Economic Modelling 29(4):1450-1460, 2012) was used in order to check for causality taking into account the heterogeneity and cross-sectional dependence on panel data. The preliminary analyses show that variables are cross-sectional-dependant and heterogenous and are first-order stationary. Cointegration test by Westerlund (Oxford Bulletin of Economics and Statistics 69(6):709-748, 2007) which allows heterogeneity and cross-sectional dependence show that there is a stable and long-run relationship between variables. Moreover, the long-run coefficients which were estimated with the AMG approach are found to be statistically significant and positive for the GDP per capita, and negative in the case of greenhouse gas emissions per capita. Finally, causality test by Dumitrescu and Hurlin (Economic Modelling 29(4):1450-1460, 2012) revealed a unilateral causality from greenhouse gas emissions per capita towards health expenditure per capita for all G7 countries.

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“…It is almost impossible to overlook the effects of human health on economic growth (Akingba et al, 2018). Most studies have confirmed that health expenditure has a positive impact on economic growth (Modibbo and Saidu, 2020;Atems, 2019;Gok et al, 2018). Meanwhile, some studies show that this relationship is not a one-way relationship.…”

Section: Empirical Studies In Health Expenditure and Economic Growthmentioning

confidence: 99%

Dynamic relationship between energy efficiency, health expenditure and economic growth: in pursuit for SDGs in Malaysia

Matahir

Yassin

Marcus

et al. 2022

IJOES

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Purpose This paper aims to examine the dynamic relationship among energy efficiency, health expenditure and economic growth in Malaysia over the sample period of 1980–2016. Design/methodology/approach This study uses autoregressive distributed lag cointegration analysis and the causality approach by the vector error correction model to analyse the relationship among energy efficiency, which is proxied by energy intensity and the determinant factors. Findings The findings of this paper suggest long-run cointegration causal links between economic growth and health expenditure. However, a mixed conclusion for both determinants exists: an increase in real income contributes to more efficient use of energy sources, whereas an increase in government spending on health intensifies energy usage. Originality/value Most previous relevant research has focussed on energy efficiency as measured by economic intensity and economic growth and do not relate to the issue of health expenditure. The recent health catastrophe brought on by the COVID-19 epidemic emphasises the significance of allocating more resources to health care. The findings will be helpful in the development of energy efficiency and economic policies in pursuit of sustainable development goals.

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Analyzing the Interplay Between Economic Growth and Health Expenditures: The Case of Emerging Economies

Cited by 8 publications

References 8 publications

The impact of greenhouse gas emissions and economic growth on health expenditure of EU countries: A panel data analysis

The impact of greenhouse gas emissions and economic growth on health expenditure of EU countries: A panel data analysis

The Relationship Between Health Expenditure, CO2 Emissions, and Economic Growth in G7: Evidence from Heterogeneous Panel Data

Dynamic relationship between energy efficiency, health expenditure and economic growth: in pursuit for SDGs in Malaysia

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