Health Expenditures and Economic Growth Nexus: An Example of Eurasian Countries

Saraçoğlu, Sıtkıcan; Songur, Mehmet

doi:10.9775/kauiibfd.2017.016

Cited by 1 publication

(1 citation statement)

References 16 publications

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“…(2011) in the data of 143 developing countries in the period 1995–2008 and by Acar (2020) in Turkey in the period 1975–2017. On the other hand, a bidirectional causality relationship between the variables was found by Taban (2006) in Turkey in the period 1968–2003; by Pradhan (2011) for 11 Organisation for Economic Co-operation and Development (OECD) countries in the period 1961–2007; by Yardımcıoğlu (2012) in 25 OECD countries in the period 1975–2008; by Saraçoğlu and Songur (2017) in 10 Eurasian countries including Turkey in the period 1995–2014; by Ağır and Tıraş (2018) in 34 low-income, 48 lower-middle-income, 57 upper-middle-income and 55 high-income countries in the period 1995–2014 and by İşleyen (2019) in the data of OECD countries for the period 1998–2016. Additionally, Elmi and Sadeghi (2012) found a bidirectional causality relationship between health expenditures and economic growth in the long run and a unidirectional causality relationship from economic growth to health expenditures in the short term as a result of the causality analysis with the 1990–2009 data of 20 developing countries.…”

Section: Literature Reviewmentioning

confidence: 96%

Health expenditures (total, public and private) and per capita income in the BRICS+T: panel bootstrap causality analysis

Canbay

Kırca

2022

JEFAS

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Purpose The study aims to determine whether there is a bidirectional causality relationship between health expenditures and per capita income in Brazil, Russia, India, China, South Africa and Turkey (BRICS+T). Design/methodology/approach For that purpose, the 2000–2018 period data of the variables were tested with the Kónya (2006) panel causality test. Additionally, the causality relationships between public and private health expenditures and per capita income were also investigated in the study. Findings According to the analysis results, there is no statistically significant causality relationship from total health expenditures and public health expenditures to per capita income in the relevant countries. Besides, there is a unidirectional causality relationship from private health expenditures to per capita income only in Turkey. On the other hand, a unidirectional causality relationship from per capita income to total health expenditures in China, Russia, Turkey and South Africa and from per capita income to public health expenditures in India, Russia, Turkey and South Africa were determined. Consequently, a causality relationship from per capita income to private health expenditures was found out in Russia and Turkey. Originality/value The variables are tested for the first time for BRICS+T countries, vis-à-vis the period under consideration and the method used.

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Section: Literature Reviewmentioning

confidence: 96%