SciELO - Scientific Electronic Library Online

 
vol.27 número53Reassessing the feasibility of adopting dollarization in Latin AmericaImpact of financial stress in advanced and emerging economies índice de autoresíndice de materiabúsqueda de artículos
Home Pagelista alfabética de revistas  

Servicios Personalizados

Revista

Articulo

Indicadores

  • No hay articulos citadosCitado por SciELO

Links relacionados

  • No hay articulos similaresSimilares en SciELO

Compartir


Journal of Economics, Finance and Administrative Science

versión impresa ISSN 2077-1886

Resumen

CANBAY, Şerif  y  KıRCA, Mustafa. Health expenditures (total, public and private) and per capita income in the BRICS+T: panel bootstrap causality analysis. Journal of Economics, Finance and Administrative Science [online]. 2022, vol.27, n.53, pp.52-67.  Epub 08-Jul-2022. ISSN 2077-1886.  http://dx.doi.org/10.1108/jefas-06-2021-0105.

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.

Palabras clave : Economic growth; Per capita income; BRICSþT; Private health expenditures; Public health expenditures; Panel bootstrap causality analysis..

        · texto en Inglés     · Inglés ( pdf )