A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS

Abdulkadir Atalan; Zeliha Çınar; Mehmet Çınar

A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS

Abstract

The aim of this study was to predict the per capita health expenditures (HE PC) of OECD countries for the future. Datasets were used to evaluate the accuracy of HE PC estimation of OECD members from 2000 to 2017 shared online by OECD DATA in this study. Forecasting calculations about HE PC cover the years 2018-2025. Estimation series method derived by trend-line equations was used to make any predictions for the future years in the methodology part of the present research. A trend line analysis by generating one linear equation and seven non-linear equations was carried out within this study. The minimum value of the amount of the HE PC was counted as $3,930.13 with the 4th order equation for the year 2018 and the highest amount was calculated as $5,760.47 for the year 2025 with the equation of exponential distribution. The average amount of the HE PC was calculated as $4,616.62 which can be argued as a decrease in the budget allocated for the HE PC. The minimization of the standard error of the mean level was the secondary goal of the work in order to ensure that the results obtained for estimation were consistent with the data used. Predictive equations for HE PC values were found to be suitable for use as a consistent analysis tool for future outcomes. It can be emphasized that there is no drawback in the use of estimation equations for other indicators in the field of healthcare, as only the use for HE PC was verified in this study.

Keywords

References

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Details

Primary Language

English

Subjects

Engineering

Journal Section

Research Article

Authors

Abdulkadir Atalan This is me
0000-0003-0924-3685
Türkiye

Zeliha Çınar This is me
0000-0001-7731-468X
Türkiye

Mehmet Çınar This is me
0000-0002-0184-0082
Türkiye

Publication Date

March 1, 2020

Submission Date

November 2, 2019

Acceptance Date

April 15, 2020

Published in Issue

Year 2020 Volume: 11 Number: 1

IZ

https://izlik.org/JA92SK38JE

Cite

RIS / Bibtex

APA

Atalan, A., Çınar, Z., & Çınar, M. (2020). A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS. Sigma Journal of Engineering and Natural Sciences, 11(1), 23-35. https://izlik.org/JA92SK38JE

AMA

1.Atalan A, Çınar Z, Çınar M. A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS. SIGMA. 2020;11(1):23-35. https://izlik.org/JA92SK38JE

Chicago

Atalan, Abdulkadir, Zeliha Çınar, and Mehmet Çınar. 2020. “A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS”. Sigma Journal of Engineering and Natural Sciences 11 (1): 23-35. https://izlik.org/JA92SK38JE.

EndNote

Atalan A, Çınar Z, Çınar M (March 1, 2020) A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS. Sigma Journal of Engineering and Natural Sciences 11 1 23–35.

IEEE

[1]A. Atalan, Z. Çınar, and M. Çınar, “A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS”, SIGMA, vol. 11, no. 1, pp. 23–35, Mar. 2020, [Online]. Available: https://izlik.org/JA92SK38JE

ISNAD

Atalan, Abdulkadir - Çınar, Zeliha - Çınar, Mehmet. “A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS”. Sigma Journal of Engineering and Natural Sciences 11/1 (March 1, 2020): 23-35. https://izlik.org/JA92SK38JE.

JAMA

1.Atalan A, Çınar Z, Çınar M. A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS. SIGMA. 2020;11:23–35.

MLA

Atalan, Abdulkadir, et al. “A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS”. Sigma Journal of Engineering and Natural Sciences, vol. 11, no. 1, Mar. 2020, pp. 23-35, https://izlik.org/JA92SK38JE.

Vancouver

1.Abdulkadir Atalan, Zeliha Çınar, Mehmet Çınar. A TRENDLINE ANALYSIS FOR HEALTHCARE EXPENDITURE PER CAPITA OF OECD MEMBERS. SIGMA [Internet]. 2020 Mar. 1;11(1):23-35. Available from: https://izlik.org/JA92SK38JE