Do Health Spending and Economic Growth Matter in Development? Evidence from Turkey
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Tarih
2022
Yazarlar
Dergi Başlığı
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Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Development is a multi-dimensional process that involves changes in social and economic structure. The study deals with the relationship between health spending (HS), economic growth per capita (RGDP), and development level (HDI). A country's healthcare situation is the key component of the development level. The study explores the interdependence in Turkey and aims to combine economic level and health aspects of development. Based on this idea, the relation between the variables is analyzed by using Johansen co-integration and causality tests. The data set covers the period from 1990-2019. The empirical findings of the study confirm a significant relationship between development level, health spending, and economic growth both in short term and long term in Turkey. The causality results showed only one-way causality was obtained, from HS to HDI and from GDP to HDI. Findings show that an increase in health spending and income level in Turkey affects development positively in the long run. A planned increase in health expenditures for sustainable development is presented as a future direction.
Açıklama
Anahtar Kelimeler
Kaynak
Ekonomi, Politika & Finans Araştırmaları Dergisi
WoS Q Değeri
Scopus Q Değeri
Cilt
7
Sayı
Özel Sayı
