Year 2018, Volume 2, Issue 1, Pages 119 - 135 2018-01-31

The Relationship Between Young Populations, Life Expectancy At Birth, Number Of Doctors And Health Expenditure In Turkey: An Econometric Application

Tuğay GÜNEL [1]

180 243

Health care expenditure is a major health policy concern worldwide. To assist decision-makers in finding best policies to manage health care cost, it is important to understand the factors that affect health care expenditure. The objective of this study is to analyze the effects of youth population aged less than 15, life expectancy at birth and doctors providing direct care to patients on the health expenditure in Turkey and how they affect the health expenditure in Turkey during 1975- 2013 period. Augmented Dickey Fuller and Phillips-Perron tests are employed to check whether the variables are stationary or not. Then Johansen Cointegration test and VECM approach are employed to investigate the long-run dynamics and short-run relationship between health expenditure and youth population aged less than 15,(POP15) life expectancy at birth(LIFEX) and doctors (DOCTORS) providing direct care to patients. According to results, A unit increase in the POP15 leads to a 1.99 unit decrease in the HE in the long run, A unit increase in the LIFEX leads to a 0.37 unit increase in the HE in the long run. A unit increase in the DOCTORS leads to a 5.39 unit decrease in the HE in the long run. The coefficient of Error Correction Model, indicating the speed of adjustment to restore equilibrium in the dynamic model and how quickly variables converge to equilibrium, is equal to (-0.160506) and imply that more than %16 percent of disequilibrium in the previous year corrected in the current year

Health Expenditure, Vector Error Correction Model, Johansen Cointegration
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Primary Language en
Subjects Management
Published Date 2018
Journal Section Articles
Authors

Author: Tuğay GÜNEL (Primary Author)

Bibtex @research article { fsecon367037, journal = {Fiscaoeconomia}, issn = {}, eissn = {2564-7504}, address = {Ahmet Arif EREN}, year = {2018}, volume = {2}, pages = {119 - 135}, doi = {10.25295/fsecon.367037}, title = {The Relationship Between Young Populations, Life Expectancy At Birth, Number Of Doctors And Health Expenditure In Turkey: An Econometric Application}, key = {cite}, author = {GÜNEL, Tuğay} }
APA GÜNEL, T . (2018). The Relationship Between Young Populations, Life Expectancy At Birth, Number Of Doctors And Health Expenditure In Turkey: An Econometric Application. Fiscaoeconomia, 2 (1), 119-135. DOI: 10.25295/fsecon.367037
MLA GÜNEL, T . "The Relationship Between Young Populations, Life Expectancy At Birth, Number Of Doctors And Health Expenditure In Turkey: An Econometric Application". Fiscaoeconomia 2 (2018): 119-135 <http://dergipark.org.tr/fsecon/issue/34876/367037>
Chicago GÜNEL, T . "The Relationship Between Young Populations, Life Expectancy At Birth, Number Of Doctors And Health Expenditure In Turkey: An Econometric Application". Fiscaoeconomia 2 (2018): 119-135
RIS TY - JOUR T1 - The Relationship Between Young Populations, Life Expectancy At Birth, Number Of Doctors And Health Expenditure In Turkey: An Econometric Application AU - Tuğay GÜNEL Y1 - 2018 PY - 2018 N1 - doi: 10.25295/fsecon.367037 DO - 10.25295/fsecon.367037 T2 - Fiscaoeconomia JF - Journal JO - JOR SP - 119 EP - 135 VL - 2 IS - 1 SN - -2564-7504 M3 - doi: 10.25295/fsecon.367037 UR - https://doi.org/10.25295/fsecon.367037 Y2 - 2017 ER -
EndNote %0 Fiscaoeconomia The Relationship Between Young Populations, Life Expectancy At Birth, Number Of Doctors And Health Expenditure In Turkey: An Econometric Application %A Tuğay GÜNEL %T The Relationship Between Young Populations, Life Expectancy At Birth, Number Of Doctors And Health Expenditure In Turkey: An Econometric Application %D 2018 %J Fiscaoeconomia %P -2564-7504 %V 2 %N 1 %R doi: 10.25295/fsecon.367037 %U 10.25295/fsecon.367037
ISNAD GÜNEL, Tuğay . "The Relationship Between Young Populations, Life Expectancy At Birth, Number Of Doctors And Health Expenditure In Turkey: An Econometric Application". Fiscaoeconomia 2 / 1 (January 2018): 119-135. https://doi.org/10.25295/fsecon.367037