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Economic Growth and Health Expenditure Analysis for Turkey: Evidence from Time Series
Journal of the Knowledge Economy ( IF 4.0 ) Pub Date : 2021-04-15 , DOI: 10.1007/s13132-021-00789-8
Ethem Esen , Merve Çelik Keçili

This study aims to investigate the effects of health expenditure on economic growth in Turkey. For this purpose, time series data of Turkey over the period 1975–2018 were evaluated. Moreover, household consumption, life expectancy at birth, trade, and foreign direct investments were added as control variables. Cointegration analysis was performed to test whether all variables are cointegrated in the long term. Causality test was successfully employed to investigate the relationship between health expenditure and economic growth in the short term. The achieved results exhibited that Johansen Cointegration test results suggest the existence of cointegration among all variables in the long term. In addition, the Granger causality test results indicate unidirectional causality from health expenditure to economic growth in the short term. Existence of a long-term relationship among related variables and a short-term relationship between health expenditure and economic growth displays the importance of investments on health care services in Turkey. Therefore, investments in the health sector should be encouraged and the share allocated by the government for health expenditures from the budget should be increased in Turkey.



中文翻译:

土耳其的经济增长和医疗保健支出分析:来自时间序列的证据

这项研究旨在调查健康支出对土耳其经济增长的影响。为此,对土耳其在1975-2018年期间的时间序列数据进行了评估。此外,将家庭消费,出生时的预期寿命,贸易和外国直接投资添加为控制变量。进行了协整分析,以检验所有变量是否长期协整。因果关系检验成功地用于研究短期内卫生支出与经济增长之间的关系。取得的结果表明,Johansen协整检验结果表明,从长远来看,所有变量之间都存在协整。此外,格兰杰因果关系检验结果表明,从短期来看,从卫生支出到经济增长的单向因果关系。相关变量之间存在长期关系,卫生支出与经济增长之间存在短期关系,这表明在土耳其进行卫生保健服务投资的重要性。因此,应鼓励在卫生部门的投资,并应增加土耳其政府从预算中分配给卫生支出的份额。

更新日期:2021-04-15
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