Journals / Aurum Sosyal Bilimler Dergisi / 2017 / Cilt: 2 - Sayı: 2

THE IMPACT OF THE OIL PRICES ON PUBLIC AND PRIVATE HEALTH EXPENDITURES: EMPIRICAL ANALYSIS ON MENA COUNTRIES

Petrol Fiyatlarının Kamu ve Özel Sağlık Harcamalarına Etkisi: Orta Doğu ve Kuzey Afrika Ülkeleri Üzerine Ampirik Bir Çalışma

Pages
53–68
Publication Date
2017-12-31
DOI
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AI Summary & Key Takeaways

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

The exchange rate has positive impact on public health expenditures,while the inflation rate has negative and the GDP has positive impact on private health expenditures.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper aims to investigate the impact of the oil prices on health expenditures, while distinguishing publicfrom private healthcare services.
📊
Key Findings & Data:To analyze the impact of oil prices, dynamic panel data analysis and Grangercausality tests in time and frequency domain analysis are carried out respectively for selected ten countriesin the Middle East and North Africa (MENA) for the period of 1995 – 2014.
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Conclusion & Impact:The exchange rate has positive impact on public health expenditures,while the inflation rate has negative and the GDP has positive impact on private health expenditures.
🔬Design:Modeling & Simulation
📍Scope:2014 Verileri
⚙️Variables:Sağlık Harcamaları · Petrol fiyatları · Orta Doğu ve Kuzey Afrika ülkeleri

Abstract

This paper aims to investigate the impact of the oil prices on health expenditures, while distinguishing publicfrom private healthcare services. To analyze the impact of oil prices, dynamic panel data analysis and Grangercausality tests in time and frequency domain analysis are carried out respectively for selected ten countriesin the Middle East and North Africa (MENA) for the period of 1995 – 2014. The main findings that modeledwith log difference of the used variables are as follows: oil prices have no impact on the public and privatehealth expenditures in the dynamic models. The exchange rate has positive impact on public health expenditures,while the inflation rate has negative and the GDP has positive impact on private health expenditures.

Özet

Bu çalışma kamu ve özel sağlık harcamaları ayrımı ile petrol fiyatlarının sağlık harcamaları üzerindeki etkisiniaraştırmayı amaçlamaktadır. Dinamik panel veri analizleri ve Granger nedensellik ve frekans-alanı nedenselliktestleri 1995-2014 yılları arasında seçilmiş on Orta Doğu ve Kuzey Afrika ülkesi için yapılmıştır. Kullanılandeğişkenlerin logaritmik birinci farklarıyla kurulan modeller ile elde edilen temel bulgular şunlardır: petrol fiyatlarıkamu ve özel sağlık harcamalarında bir etkide bulunmazken; döviz kuru oranı kamu sağlık harcamalarıüzerinde pozitif, GSYH ve enflasyon oranı da özel sağlık harcamaları üzerinde pozitif ve negatif etki göstermektedir.

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Cite This Article

DOĞAN, F. İ. (2017). THE IMPACT OF THE OIL PRICES ON PUBLIC AND PRIVATE HEALTH EXPENDITURES: EMPIRICAL ANALYSIS ON MENA COUNTRIES. Aurum Sosyal Bilimler Dergisi, Cilt: 2 - Sayı: 2, 53–68. https://ajindex.com/articles/737076

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