Author/Authors
YARDIMCIOĞLU, Fatih Sakarya Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - Maliye Bölümü, Turkey
Title Of Article
An Econometric Analysis of the Relationship between Health and Economic Growth in OECD Countries
شماره ركورد
16058
Abstract
The purpose of this study is to investigate the long-run relationship between health (life expectancy) and economic growth in the 25 OECD countries over the period from 1975 to 2008 by utilizing the Pedroni panel cointegration, Pedroni FMOLS and Canning-Pedroni causality methods. The cointegration test results show that there is a cointegration relationship between health and economic growth in the long run. According to Panel Panel FMOLS results the elasticity coefficient of health is % 0.18, the elasticity coefficient of economic growth is % 0.17. The results of Lamda-Pearson statistics indicate the long-run bilateral causality between health and economic growth. It is concluded that there is a strong cointegration relationship between health and economic growth in OECD Countries in the long run.
From Page
27
NaturalLanguageKeyword
Health , Life Expectancy , Human Capital , Economic Growth , Panel Data Analyses
JournalTitle
Journal Of Social Sciences, Eskişehir Osmangazi University
To Page
47
JournalTitle
Journal Of Social Sciences, Eskişehir Osmangazi University
Link To Document