HEALTH EXPENDITURE, ECONOMIC GROWTH, AND CO2 EMISSIONS: EVIDENCE FROM THE OECD COUNTRIES

Tuncer GÖVDELİ

doi:https://doi.org/10.14520/adyusbd.477571

Makale detayları

HEALTH EXPENDITURE, ECONOMIC GROWTH, AND CO2 EMISSIONS: EVIDENCE FROM THE OECD COUNTRIES

Yazarlar:

Tuncer GÖVDELİ

Yayıncı:

Adıyaman University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Adiyaman University Journal of Social Sciences 2019 Vol. Issue 31, pp.488-516

Belge Tipi:

Makale

Yayın Tarihi:

3/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000441525

Sıklık:

Üç Yıllık

eISSN:

1308-7363

pISSN:

1308-9196

DOI:

https://doi.org/10.14520/adyusbd.477571

Özet:

 


The
present study investigates the correlation between health expenditure, economic
growth, and CO2 emissions in 26 OECD countries during the period of
1992-2014. First of all, cross-sectional dependence of the variables and the
panel was assessed with a view to identify the panel methods usable for this
purpose. Given the prevalence of cross-sectional dependence regarding the
variables and the panel, the panel unit root and cointegration test was chosen
from among second generation tests. The variables were found to be stationary
at order I(1). Moreover, the model was found to exhibit a cointegration
relationship. In the light of estimations of the cointegration factors, the
elasticity coefficients of economic growth and CO2 emissions were
predicted to be 0.188 and 0.012 respectively. According to the results of VECM
Granger causality analysis, economic growth as well as CO2 emissions
are causative with respect to health expenditure, whereas economic growth, once
again, is causative with respect to CO2 emissions. A long-term
causality analysis, in turn, revealed a direct correlation whereby economic
growth and CO2 emissions lead to increased health expenditure.

.

Makale detayları

HEALTH EXPENDITURE, ECONOMIC GROWTH, AND CO2 EMISSIONS: EVIDENCE FROM THE OECD COUNTRIES

Yazarlar: Tuncer GÖVDELİ

Yayıncı: Adıyaman University

Ana Başlıklar: Sosyoloji & antropoloji

Dergi: Adiyaman University Journal of Social Sciences 2019 Vol. Issue 31, pp.488-516

Belge Tipi: Makale

Yayın Tarihi: 3/2019

Belge Dili: İngilizce

Document ID (Org No.): 2000441525

Sıklık: Üç Yıllık

eISSN: 1308-7363

pISSN: 1308-9196

DOI: https://doi.org/10.14520/adyusbd.477571

Sayı

Yazarlar:

Tuncer GÖVDELİ

Yayıncı:

Adıyaman University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Adiyaman University Journal of Social Sciences 2019 Vol. Issue 31, pp.488-516

Belge Tipi:

Makale

Yayın Tarihi:

3/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000441525

Sıklık:

Üç Yıllık

eISSN:

1308-7363

pISSN:

1308-9196

DOI:

https://doi.org/10.14520/adyusbd.477571