THE CAUSALITY BETWEEN THE EXCHANGE RATE AND HEALTH PRICE INDEX: AN ECONOMETRIC ANALYSIS

Buse Fidan Türkön; Anı Hande Mete; Canser Boz

Makale detayları

THE CAUSALITY BETWEEN THE EXCHANGE RATE AND HEALTH PRICE INDEX: AN ECONOMETRIC ANALYSIS

Yazarlar:

Buse Fidan Türkön | Anı Hande Mete | Canser Boz

Yayıncı:

Süleyman Demirel University

Ana Başlıklar:

Sağlık Hizmetleri ve Sistemleri (Diğer)

Dergi:

SDÜ Sağlık Yönetimi Dergisi Vol.6 Issue 2, pp.220-230

Belge Tipi:

Makale

Yayın Tarihi:

12/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001333732

pISSN:

2757-5888

Anahtar kelimeler:

Özet:

 Health care costs have been an increasing concern for both households and governments in almost all countries. Following the COVID-19 pandemic, there have been significant increases in the prices of goods and services related to healthcare in countries worldwide. In Turkey, the rate of Health Consumer Price Index HCPE increase is particularly high. For example, while the health price index was only 112 in January 2006, it had risen to only 150 by January 2015. Before the pandemic, in January 2019, it was calculated at 236. However, in January 2023, during the post-pandemic period, the same index soared to 718.3 and by July, it reached approximately 900. This paper examines the causality relationship between the health care price index and the real exchange rate index using time series for Turkey. The data set, which examines the relationship between the changes in the nominal exchange rate and the health price index, in terms of the Turkish economy are nominal exchange rate in dollar terms and domestic health consumer price index 2003100. The data were obtained monthly from the Central Bank of the Republic of Turkey CBRT electronic data distribution system. The data is between 2006:01-2023:07. E-views 9.0 econometrics package program was used in the analysis. According to the results of Toda-Yamamoto approach, there was a causality from NER Nominal Exchange Rate to HCPE Health Consumer Price Index.

 Health care costs have been an increasing concern for both households and governments in almost all countries. Following the COVID-19 pandemic, there have been significant increases in the prices of goods and services related to healthcare in countries worldwide. In Turkey, the rate of Health Consumer Price Index HCPE increase is particularly high. For example, while the health price index was only 112 in January 2006, it had risen to only 150 by January 2015. Before the pandemic, in January 2019, it was calculated at 236. However, in January 2023, during the post-pandemic period, the same index soared to 718.3 and by July, it reached approximately 900. This paper examines the causality relationship between the health care price index and the real exchange rate index using time series for Turkey. The data set, which examines the relationship between the changes in the nominal exchange rate and the health price index, in terms of the Turkish economy are nominal exchange rate in dollar terms and domestic health consumer price index 2003100. The data were obtained monthly from the Central Bank of the Republic of Turkey CBRT electronic data distribution system. The data is between 2006:01-2023:07. E-views 9.0 econometrics package program was used in the analysis. According to the results of Toda-Yamamoto approach, there was a causality from NER Nominal Exchange Rate to HCPE Health Consumer Price Index.

 Health care costs have been an increasing concern for both households and governments in almost all countries. Following the COVID-19 pandemic, there have been significant increases in the prices of goods and services related to healthcare in countries worldwide. In Turkey, the rate of Health Consumer Price Index HCPE increase is particularly high. For example, while the health price index was only 112 in January 2006, it had risen to only 150 by January 2015. Before the pandemic, in January 2019, it was calculated at 236. However, in January 2023, during the post-pandemic period, the same index soared to 718.3 and by July, it reached approximately 900. This paper examines the causality relationship between the health care price index and the real exchange rate index using time series for Turkey. The data set, which examines the relationship between the changes in the nominal exchange rate and the health price index, in terms of the Turkish economy are nominal exchange rate in dollar terms and domestic health consumer price index 2003100. The data were obtained monthly from the Central Bank of the Republic of Turkey CBRT electronic data distribution system. The data is between 2006:01-2023:07. E-views 9.0 econometrics package program was used in the analysis. According to the results of Toda-Yamamoto approach, there was a causality from NER Nominal Exchange Rate to HCPE Health Consumer Price Index.

 Sağlık harcamaları, hemen hemen tüm ülkelerde hem haneler hem de hükümetler için önemli bir konudur. COVID-19 pandemisinin ardından, dünya genelinde sağlıkla ilgili mal ve hizmetlerin fiyatlarında önemli artışlar yaşanmıştır. Türkiyede, Sağlık Tüketici Fiyat Endeksi STFE artış oranı özellikle yüksektir. Örneğin, Ocak 2006da sağlık fiyat endeksi sadece 112 iken, Ocak 2015te sadece 150ye yükselmiştir. Pandemi öncesi, Ocak 2019da 236 olarak hesaplanmıştı. Ancak, pandemi sonrası dönemde, Ocak 2023te aynı endeks 718,3e fırlamış ve temmuz ayı itibariyle yaklaşık 900e ulaşmıştır. Bu makale, Türkiye için sağlık fiyat endeksi ile reel döviz kuru endeksi arasındaki nedensellik ilişkisini zaman serileri kullanarak incelemektedir. Türk ekonomisi açısından nominal döviz kuru değişiklikleri ile sağlık fiyat endeksi arasındaki ilişkiyi inceleyen veri seti, nominal döviz kuru dolar cinsinden ve yurtiçi sağlık tüketici fiyat endeksini 2003100 içermektedir. Veriler, Türkiye Cumhuriyet Merkez Bankası TCMB elektronik veri dağıtım sisteminden aylık olarak alınmıştır. Veriler 2006:01-2023:07 arasındadır. Analizde E-views 9.0 ekonometrik paket programı kullanılmıştır. Toda-Yamamoto yaklaşımının sonuçlarına göre, NDK Nominal Döviz Kurundan STFE Sağlık Tüketici Fiyat Endeksine doğru bir nedensellik olduğu bulunmuştur.

Makale detayları

THE CAUSALITY BETWEEN THE EXCHANGE RATE AND HEALTH PRICE INDEX: AN ECONOMETRIC ANALYSIS

Yazarlar:

Buse Fidan Türkön | Anı Hande Mete | Canser Boz

Yayıncı:

Süleyman Demirel University

Ana Başlıklar:

Sağlık Hizmetleri ve Sistemleri (Diğer)

Dergi:

SDÜ Sağlık Yönetimi Dergisi Vol.6 Issue 2, pp.220-230

Belge Tipi:

Makale

Yayın Tarihi:

12/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001333732

pISSN:

2757-5888

: Health

Health Price

Inflation

Exchange Rate

Toda YamamatoSağlık

Sağlık Fiyatı

Enflasyon

Döviz Kuru

Toda Yamamato

Sayı

Makale detayları

Yazarlar: Buse Fidan Türkön | Anı Hande Mete | Canser Boz

Yayıncı: Süleyman Demirel University

Ana Başlıklar: Sağlık Hizmetleri ve Sistemleri (Diğer)

Dergi: SDÜ Sağlık Yönetimi Dergisi Vol.6 Issue 2, pp.220-230

Belge Tipi: Makale

Yayın Tarihi: 12/2024

Belge Dili: İngilizce

Document ID (Org No.): 2001333732

pISSN: 2757-5888

Sayı

Yazarlar:

Buse Fidan Türkön | Anı Hande Mete | Canser Boz

Yayıncı:

Süleyman Demirel University

Ana Başlıklar:

Sağlık Hizmetleri ve Sistemleri (Diğer)

Dergi:

SDÜ Sağlık Yönetimi Dergisi Vol.6 Issue 2, pp.220-230

Belge Tipi:

Makale

Yayın Tarihi:

12/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001333732

pISSN:

2757-5888