@article{article_346935, title={THE RELATIONSHIP BETWEEN HEALTH DEVELOPMENT INDEX AND FINANCIAL DEVELOPMENT INDEX: EVIDENCE FROM HIGH INCOME COUNTRIES}, journal={Ekonomi Politika ve Finans Araştırmaları Dergisi}, volume={2}, pages={83–95}, year={2017}, DOI={10.30784/epfad.346935}, author={Kuloğlu, Ayhan and Ecevit, Eyyup}, keywords={Sağlık,Beşeri Sermaye,Finansal Gelişme}, abstract={<p class="MsoNormal" style="margin-bottom:.0001pt;text-align:justify;line-height:normal;"> <span style="font-size:10pt;line-height:115%;font-family:’Times New Roman’, serif;">Economic growth is a complex process affected by many factors at different levels which is commonly proxied by health. In this study, the causal between health and financial development is investegated using heteregenuis panel causality test over the period 1991-2014. To this end, Principal component analysis is initially applied to construct indexes for each variable. Results show that health development indexgranger causes financial development index.   </span> <br /> </p> <p> </p>}, number={2}, publisher={Ekonomi ve Finansal Araştırmalar Derneği}