The Impact of Health Expenditures on Turkey's Economic Growth: Evidence from Fourier Unit Root and Cointegratıon Test

İlyas Bayar

Makale detayları

The Impact of Health Expenditures on Turkey's Economic Growth: Evidence from Fourier Unit Root and Cointegratıon Test

Yazarlar:

İlyas Bayar

Yayıncı:

Manisa Celal Bayar University

Ana Başlıklar:

Büyüme

Dergi:

Yönetim ve Ekonomi Dergisi , pp.127-146

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001305151

pISSN:

1302-0064

Anahtar kelimeler:

Özet:

 Studies on the impact of health, that is one of the main components of human capital, on economic growth remain important In this study, the impact of health expenditures and the number of health personnel on economic growth in Turkey for the period 1975-2021 is analyzed. First of all, Fourier KPSS and standard KPSS stationarity tests, which take into account smooth transitions, were used to test the stationarity of the variables. After taking the first differences of the series, stationarity was ensured and then the existence of cointegration relationship was tested with Fourier SHIN and SHIN tests. DOLS cointegration coefficient estimator is used for long-run coefficient estimation. In the last part of the analysis, Toda-Yamamoto 1995 causality analysis was conducted to determine the causality relationship between the variables. The health indicators included in the analysis have a positive effect on economic growth. Moreover, a bidirectional causality was found between economic growth and health expenditures. It is recommended that policymakers increase investments in health to achieve growth and development goals. Key Words: Health Indicators, Economic Growth, Fourier KPPS, Fourier SHIN JEL Classification: E24, O15, O40.

 Studies on the impact of health, that is one of the main components of human capital, on economic growth remain important In this study, the impact of health expenditures and the number of health personnel on economic growth in Turkey for the period 1975-2021 is analyzed. First of all, Fourier KPSS and standard KPSS stationarity tests, which take into account smooth transitions, were used to test the stationarity of the variables. After taking the first differences of the series, stationarity was ensured and then the existence of cointegration relationship was tested with Fourier SHIN and SHIN tests. DOLS cointegration coefficient estimator is used for long-run coefficient estimation. In the last part of the analysis, Toda-Yamamoto 1995 causality analysis was conducted to determine the causality relationship between the variables. The health indicators included in the analysis have a positive effect on economic growth. Moreover, a bidirectional causality was found between economic growth and health expenditures. It is recommended that policymakers increase investments in health to achieve growth and development goals. Key Words: Health Indicators, Economic Growth, Fourier KPPS, Fourier SHIN JEL Classification: E24, O15, O40.

 Studies on the impact of health, that is one of the main components of human capital, on economic growth remain important In this study, the impact of health expenditures and the number of health personnel on economic growth in Turkey for the period 1975-2021 is analyzed. First of all, Fourier KPSS and standard KPSS stationarity tests, which take into account smooth transitions, were used to test the stationarity of the variables. After taking the first differences of the series, stationarity was ensured and then the existence of cointegration relationship was tested with Fourier SHIN and SHIN tests. DOLS cointegration coefficient estimator is used for long-run coefficient estimation. In the last part of the analysis, Toda-Yamamoto 1995 causality analysis was conducted to determine the causality relationship between the variables. The health indicators included in the analysis have a positive effect on economic growth. Moreover, a bidirectional causality was found between economic growth and health expenditures. It is recommended that policymakers increase investments in health to achieve growth and development goals. Key Words: Health Indicators, Economic Growth, Fourier KPPS, Fourier SHIN JEL Classification: E24, O15, O40.

 Beşerî sermayenin ana unsurlarından biri olan sağlığın ekonomik büyüme üzerindeki etkisine ilişkin çalışmalar önemini korumaktadır. Bu çalışmada, Türkiyede 1975-2021 dönemi esas alınarak sağlık harcamaları ve sağlık personeli sayısının ekonomik büyüme üzerindeki etkisi belirlenmeye çalışılmıştır. Çalışmada öncelikle değişkenlerin durağanlığını test etmek amacıyla amacıyla yumuşak geçişleri dikkate alan Fourier KPSS ile standart KPSS durağanlık testleri kullanılmıştır. Serilerin birinci farkları alındıktan sonra durağanlıkları sağlanmış ve ardından Fourier SHIN ve SHIN testleri ile eşbütünleşme ilişkisinin varlığı sınanmıştır. Uzun dönem katsayı tahmini için DOLS eşbütünleşme katsayı tahmincisi kullanılmıştır. Analizin son kısmında değişkenler arasındaki nedensellik ilişkisinin tespit edilmesi amacıyla Toda-Yamamoto 1995 nedensellik tespiti yapılmıştır. Analizde dâhil edilen sağlık göstergelerinin ekonomik büyümeyi pozitif etkilediği tespit edilmiştir. Ayrıca, ekonomik büyüme ile sağlık harcamaları arasında çift yönlü bir nedensellik bulgusuna ulaşılmıştır. Büyüme ve kalkınma hedeflerine ulaşmayı sağlayan sağlık alanındaki yatırımların politika yapıcılar tarafından artırılması önerilmektedir. Anahtar Kelimeler: Sağlık Göstergeleri, Ekonomik Büyüme, Fourier KPPS, Fourier SHİN JEL Sınıflandırması: E24, O15, O40.

Makale detayları

The Impact of Health Expenditures on Turkey's Economic Growth: Evidence from Fourier Unit Root and Cointegratıon Test

Yazarlar:

İlyas Bayar

Yayıncı:

Manisa Celal Bayar University

Ana Başlıklar:

Büyüme

Dergi:

Yönetim ve Ekonomi Dergisi , pp.127-146

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001305151

pISSN:

1302-0064

Health Indicators

Economic Growth

Fourier KPPS

Fourier SHINSağlık Göstergeleri

Ekonomik Büyüme

Fourier KPPS

Fourier SHİN

Sayı

Makale detayları

Yazarlar: İlyas Bayar

Yayıncı: Manisa Celal Bayar University

Ana Başlıklar: Büyüme

Dergi: Yönetim ve Ekonomi Dergisi , pp.127-146

Belge Tipi: Makale

Yayın Tarihi: 12/2023

Belge Dili: Türkçe

Document ID (Org No.): 2001305151

pISSN: 1302-0064

Sayı

Yazarlar:

İlyas Bayar

Yayıncı:

Manisa Celal Bayar University

Ana Başlıklar:

Büyüme

Dergi:

Yönetim ve Ekonomi Dergisi , pp.127-146

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001305151

pISSN:

1302-0064