Atilgan, EmreKilic, DilekErtugrul, Hasan Murat2024-06-122024-06-1220171618-75981618-7601https://doi.org/10.1007/s10198-016-0810-5https://hdl.handle.net/20.500.14551/21498The well-known health-led growth hypothesis claims a positive correlation between health expenditure and economic growth. The aim of this paper is to empirically investigate the health-led growth hypothesis for the Turkish economy. The bound test approach, autoregressive-distributed lag approach (ARDL) and Kalman filter modeling are employed for the 1975-2013 period to examine the co-integration relationship between economic growth and health expenditure. The ARDL model is employed in order to investigate the long-term and short-term static relationship between health expenditure and economic growth. The results show that a 1 % increase in per-capita health expenditure will lead to a 0.434 % increase in per-capita gross domestic product. These findings are also supported by the Kalman filter model's results. Our findings show that the health-led growth hypothesis is supported for Turkey.en10.1007/s10198-016-0810-5info:eu-repo/semantics/closedAccessHealth-Led Growth HypothesisBound TestARDL ModelKalman Filter MethodTurkeyUnit-RootGranger-CausalityCare ExpenditureTime-SeriesCointegrationIncomePriceThe dynamic relationship between health expenditure and economic growth: is the health-led growth hypothesis valid for Turkey?Article185567574Q1WOS:0004017384000042-s2.0-8501983354227260182Q1