Artikel

Health expenditures (total, public and private) and per capita income in the BRICS+T: Panel bootstrap causality analysis

Purpose - The study aims to determine whether there is a bidirectional causality relationship between health expenditures and per capita income in Brazil, Russia, India, China, South Africa and Turkey (BRICS+T). Design/methodology/approach For that purpose, the 2000-2018 period data of the variables were tested with the Kónya (2006) panel causality test. Additionally, the causality relationships between public and private health expenditures and per capita income were also investigated in the study. Findings According to the analysis results, there is no statistically significant causality relationship from total health expenditures and public health expenditures to per capita income in the relevant countries. Besides, there is a unidirectional causality relationship from private health expenditures to per capita income only in Turkey. On the other hand, a unidirectional causality relationship from per capita income to total health expenditures in China, Russia, Turkey and South Africa and from per capita income to public health expenditures in India, Russia, Turkey and South Africa were determined. Consequently, a causality relationship from per capita income to private health expenditures was found out in Russia and Turkey. Originality/value The variables are tested for the first time for BRICS+T countries, vis-à-vis the period under consideration and the method used.

Sprache
Englisch

Erschienen in
Journal: Journal of Economics, Finance and Administrative Science ; ISSN: 2218-0648 ; Volume: 27 ; Year: 2022 ; Issue: 53 ; Pages: 52-67

Klassifikation
Wirtschaft
Thema
BRICS+T
Economic growth
Panel bootstrap causality analysis
Per capita income
Private health expenditures
Public health expenditures

Ereignis
Geistige Schöpfung
(wer)
Canbay, Şerif
Kırca, Mustafa
Ereignis
Veröffentlichung
(wer)
Emerald Publishing Limited
(wo)
Bingley
(wann)
2022

DOI
doi:10.1108/JEFAS-06-2021-0105
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Canbay, Şerif
  • Kırca, Mustafa
  • Emerald Publishing Limited

Entstanden

  • 2022

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