2016
DOI: 10.15604/ejef.2016.04.04.005
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The Relationship Between Health and Growth in Eurasian Economic Union*

Abstract: This paper examines the long run and causal relationship between health expenditures and economic growth in the in Eurasian Economic Union over the period 1995-2014. For this examination, panel cointegration and causality methodologies are utilized. Cointegration results which obtained from Pedroni and Kao tests support an evidence of a long run relationship among the variables under investigation. Long run elasticities indicate that health expenditures affect growth positively. Causality results, on the other… Show more

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Cited by 2 publications
(2 citation statements)
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References 35 publications
(27 reference statements)
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“…The importance of public expenditure on health has long been addressed, from the original studies on investment in social capital (6,7) to the development of the social determinants of health (8). The most recent works confirm the long-term relationship between improvements in health, economic growth, and PHE (9)(10)(11)(12).…”
mentioning
confidence: 99%
“…The importance of public expenditure on health has long been addressed, from the original studies on investment in social capital (6,7) to the development of the social determinants of health (8). The most recent works confirm the long-term relationship between improvements in health, economic growth, and PHE (9)(10)(11)(12).…”
mentioning
confidence: 99%
“…La importancia del gasto público en salud ha sido abordada desde los orígenes del estudio sobre inversión en capital social (6, 7) hasta el desarrollo de los determinantes sociales de salud (8). En este recorrido, los trabajos más recientes confirman la relación de largo plazo entre mejoras en salud, crecimiento económico y GPS (912).…”
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