Health Expenditures in Greece: A Multiple Least Squares Regression and Cointegration Analysis Using Bootstrap Simulation in EVIEWS
13 Pages Posted: 18 Mar 2009 Last revised: 24 May 2010
Date Written: March 17, 2009
This paper examines the factors that are contribute at the most explained and efficient way to health expenditures in Greece. Two methods are applied. Multiple regressions and vector error correction models are estimated, as also unit root tests applied to define in which order variables are stationary. Because the available data are yearly and capture a small period from 1985-2006, so the sample is small, a bootstrap simulation is applied, to improve the estimations.
Keywords: bootstrap, cointegration, regression, health expenditures, cluster
JEL Classification: C15, H51, I10
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