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The Effect of Health Expenditures on Economic Growth: The Case of Europe and Central Asia Countries

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Özet

The aim of the study is to measure the impact of health expenditures on economic growth during the period of 1996-2014 for 47 European and Central Asian countries. Two different methodologies were used in the empirical analysis of the study. First, the fixed effect model was estimated using the Driscoll-Kraay Standard Error Estimator. The coefficients were then estimated using the Two Stages System GMM method. The results obtained are parallel to each other. In both analyzes, per capita health expenditure has a statistically significant and positive effect on economic growth.

Anahtar Kelimeler

Health ExpendituresEconomic GrowthFixed Effect ModelDynamic Panel Data Model
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Tam Kayıt
AlanDeğerDil
dc.contributor.authorYildiz, Baris
dc.contributor.authorYildiz, Gizem
dc.date.accessioned2026-10-22T10:32:45.367360262Z
dc.date.available2026-10-22T10:32:45.367360262Z
dc.date.issued2018-01
dc.description.abstractThe aim of the study is to measure the impact of health expenditures on economic growth during the period of 1996-2014 for 47 European and Central Asian countries. Two different methodologies were used in the empirical analysis of the study. First, the fixed effect model was estimated using the Driscoll-Kraay Standard Error Estimator. The coefficients were then estimated using the Two Stages System GMM method. The results obtained are parallel to each other. In both analyzes, per capita health expenditure has a statistically significant and positive effect on economic growth.
dc.identifier.endpage218
dc.identifier.issn1300-3623
dc.identifier.issue174
dc.identifier.startpage203
dc.identifier.urihttps://rdlopen.rawdatalibrary.net/r/gumushane/16567
dc.identifier.wosWOS:000438423000010
dc.language.isotr
dc.publisherMALIYE BAKANLIGI
dc.relation.ispartofMALIYE DERGISI
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectHealth Expenditures
dc.subjectEconomic Growth
dc.subjectFixed Effect Model
dc.subjectDynamic Panel Data Model
dc.subject.classificationBusiness, Finance
dc.subject.classificationBusiness & Economics
dc.subject.otherPANEL-DATA
dc.subject.otherCARE EXPENDITURE
dc.subject.otherSPECIFICATION
dc.subject.otherTESTS
dc.titleThe Effect of Health Expenditures on Economic Growth: The Case of Europe and Central Asia Countries
dc.typeArticle
dspace.entity.typePublication
rdl.citation.wos1
rdl.oa.statusclosed
rdl.source.indexWOS
rdl.wos.indexEmerging Sources Citation Index (ESCI)