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- MakaleYalnız künye2018The Effect of Health Expenditures on Economic Growth: The Case of Europe and Central Asia Countries
Yildiz, Baris; Yildiz, Gizem
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.