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Journals / Journal of Yasar University / 2021 / Cilt: 16 - Sayı: 62

Convergence of Health Expenditures in OECD Countries: Evidence from Fourier Unit Root Test with Break

OECD Ülkelerinde Sağlık Harcamalarının Yakınsaması: Kırılmalı Fourier Birim Kök Testinden Bulgular

Fatma KIZILKAYA
Mehmet DAĞ
Pages
587–600
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

As a result of the econometric analysis, it is concludedthat the convergence hypothesis is valid for 17 OECD countries.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Health expenditures, which are one of the economic indicators, and how the expenditures change over time depend on many factors such as the economic conditions, demographic structure, health-related policies, technology, structure of the health sector and consumer preferences of the countries.
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Key Findings & Data:This study examines the convergence of per capita health expenditures in OECD countries using data for the 1975-2019 period.Unit root procedure proposed by Furuoka (2017) is used as econometric method.
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Conclusion & Impact:As a result of the econometric analysis, it is concludedthat the convergence hypothesis is valid for 17 OECD countries.
🔬Design:Research Article
📍Scope:2019 Verileri
⚙️Variables:Domain Parameters

Abstract

Health expenditures, which are one of the economic indicators, and how the expenditures change over time depend on many factors such as the economic conditions, demographic structure, health-related policies, technology, structure of the health sector and consumer preferences of the countries. This study examines the convergence of per capita health expenditures in OECD countries using data for the 1975-2019 period.Unit root procedure proposed by Furuoka (2017) is used as econometric method. As a result of the econometric analysis, it is concludedthat the convergence hypothesis is valid for 17 OECD countries.

Özet

Ekonomik göstergelerden biri olan sağlıkharcamaları veharcamaların zaman içinde nasıl değiştiği ülkelerin ekonomik koşulları, demografik yapısı, sağlıkla ilgili politikaları, teknoloji, sağlık sektörünün yapısı, tüketici tercihleri gibi birçok faktöre bağlıdır.Bu çalışmada1975-2019 dönemi verileri kullanılarak OECD ülkelerinde kişi başı sağlık harcamalarının yakınsamasını incelenmektedir. Ekonometrik yöntem olarak Furuoka (2017)tarafından önerilenbirim kök prosedürü kullanılmıştır.Yapılan ekonometrik analiz sonucunda 17 OECD ülkesiiçin yakınsama hipotezinin geçerli olduğu sonucuna ulaşılmıştır.

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Cite This Article

KIZILKAYA, F., DAĞ, M. (2021). Convergence of Health Expenditures in OECD Countries: Evidence from Fourier Unit Root Test with Break. Journal of Yasar University, Cilt: 16 - Sayı: 62, 587–600. https://ajindex.com/articles/219070

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