Causality between Gross Domestic Product and Health Care Expenditure in the Augmented Solow’s Growth Model

UKH Journal of Social Sciences

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Title Causality between Gross Domestic Product and Health Care Expenditure in the Augmented Solow’s Growth Model
 
Creator Heshmati, Almas
 
Description This paper examines conditional convergence of OECD countries in gross domestic product (GDP) and health care expenditure (HCE) per capita. It extends the augmented Solow model by incorporating health capital to explain variations in output and expenditure per capita across countries. The issue of causality between GDP and HCE is investigated. The results show that HCE has positive effect on the economic growth and the speed of convergence. In the HCE model a regression of the speed of convergence on variables determining the rate of convergence show close link to the variables characterising the health care system of sample countries.
 
Publisher University of Kurdistan Hewlêr
 
Date 2018-12-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Research Article
 
Format application/pdf
text/html
 
Identifier https://journals.ukh.edu.krd/index.php/ukhjss/article/view/76
10.25079/ukhjss.v2n2y2018.pp19-30
 
Source UKH Journal of Social Sciences; Vol 2 No 2 (2018): ISSUE THREE; 19-30
2520-7806
10.25079/ukhjss.v2n2y2018
 
Language eng
 
Relation https://journals.ukh.edu.krd/index.php/ukhjss/article/view/76/109
https://journals.ukh.edu.krd/index.php/ukhjss/article/view/76/120
 
Rights Copyright (c) 2018 Almas Heshmati
http://creativecommons.org/licenses/by-nc-nd/4.0
 

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