ArticleGlobal journal of health science2015
Health Care Expenditure and GDP in Oil Exporting Countries: Evidence From OPEC Data, 1995-2012.
Article in Global journal of health science, 2015. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 5 papers.
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Who cites it
5 citing papers in PubMed.
- Health-led growth hypothesis and health financing systems: an econometric synthesis for OECD countries.Frontiers in public health · 2024Article
- Health care expenditure and environmental pollution: a cross-country comparison across different income groups.Environmental science and pollution research international · 2020Article
- Forecasting health expenditures in Iran using the ARIMA model (2016-2020).Medical journal of the Islamic Republic of Iran · 2019Article
- Has the Financial Protection Been Materialized in Iranian Health System? Analyzing Household Income and Expenditure Survey 2003-2014.Journal of research in health sciences · 2018Article
- Financial Burden of Out-of-Pocket Expenditures for Primary Health Care in Hilly Areas of Garhwal Region, Uttarakhand, North India.Journal of clinical and diagnostic research : JCDR · 2017Article
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Authors and funding
4 authors.
Funding
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Abstract
backgroundThere is a large body of literature examining income in relation to health expenditures. The share of expenditures in health sector from GDP in developed countries is often larger than in non-developed countries, suggesting that as the level of economic growth increases, health spending increase, too.
objectivesThis paper estimates long-run relationships between health expenditures and GDP based on panel data of a sample of 12 countries of the Organization of the Petroleum Exporting Countries (OPEC), using data for the period 1995-2012. PATIENTS &
methodsWe use panel data unit root tests, cointegration analysis and ECM model to find long-run and short-run relation. This study examines whether health is a luxury or a necessity for OPEC countries within a unit root and cointegration framework.
resultsPanel data analysis indicates that health expenditures and GDP are co-integrated and have Engle and Granger causality. In addition, in oil countries that have oil export income, the share of government expenditures in the health sector is often greater than in private health expenditures similar developed countries.
conclusionsThe findings verify that health care is not a luxury good and income has a robust relationship to health expenditures in OPEC countries.
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