The Impact of Health on GDP by Income Groups: A Panel Data Analysis

Year 2023, Volume: 31 Issue: 57, 401 - 417, 26.07.2023

Şafak Kıran , Ferit Sevim , Osman Şenol

https://doi.org/10.17233/sosyoekonomi.2023.03.19

Cited By: 1

Abstract

Health and economic growth indicators are important indicators used in the policy-making process. For this reason, the effect of health indicators on economic indicators is examined in the study. The data of 169 countries belonging to different income groups between 2000 and 2019 were analysed using panel data analysis. The findings show that the share of gross domestic product allocated to health has a positive effect on economic growth only in low-income countries, while this effect is negative in other income groups. It is seen that the increase in the amount of health expenditure per capita in the income group countries has a positive effect on economic indicators. Based on the relationships between indicators, the study findings provide evidence for policymakers to make long-term decisions.

Keywords

Economic Growth, Panel Data Analysis, Health Indicators

Gelir Gruplarına Göre Sağlığın Gelir Üzerindeki Etkisi: Bir Panel Veri Analizi

Abstract

Sağlık ve ekonomik büyüme göstergeleri politika oluşturma sürecinde kullanılan önemli göstergelerdir. Bu nedenle çalışmada sağlık göstergelerinin ekonomik göstergeler üzerindeki etkisi incelenmektedir. Farklı gelir gruplarına ait toplam 169 ülkenin 2000-2019 yılları arasındaki verileri panel veri analiz yöntemi ile analiz edilmiştir. Bulgular, gayrisafi yurtiçi hasıladan sağlığa ayrılan payın sadece düşük gelir grubu ülkelerde ekonomik büyümeye pozitif yönde bir etki yaptığı diğer gelir gruplarında bu etkinin negatif olduğunu göstermektedir. Bütün gelir grubu ülkelerde kişi başı sağlık harcama miktarındaki artışın ekonomik göstergelere olumlu etki yaptığı görülmektedir. Çalışma bulgularının göstergeler arasındaki ilişkilere dayanarak, politika yapıcıların uzun vadeli kararlar almalarına kanıt sağlayacağı düşünülmektedir.

Keywords

Ekonomik Büyüme, Panel Veri Analizi, Sağlık Göstergeleri

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