Health Expenditure and Economic Growth: A Worldwide Panel Data Analysis

9 Pages Posted: 14 Apr 2013

Date Written: April 14, 2013

Abstract

In the present paper author through an empirical analysis with panel data will point out that there is a critical level of health expenditure (% GDP) beyond which economic growth starts rising. Health expenditure (% GDP) is taken from OECD, the rest from Eurostat. The elaboration of these panel data is made feasible by means of the Eviews software package.

Keywords: Health, Economic Growth, Econometric models with panel data (single equation), Optimization

JEL Classification: H51, O47, C23

Suggested Citation

Georgiou, Miltiades N., Health Expenditure and Economic Growth: A Worldwide Panel Data Analysis (April 14, 2013). Available at SSRN: https://ssrn.com/abstract=2250761 or http://dx.doi.org/10.2139/ssrn.2250761

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