ArticleInternational journal of environmental research and public health2022
The Relationship between Health Expenditures and Economic Growth in EU Countries: Empirical Evidence Using Panel Fourier Toda-Yamamoto Causality Test and Regression Models.
Article in International journal of environmental research and public health, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 7 papers.
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Who cites it
7 citing papers in PubMed.
- The Effectiveness of the Back At work After Surgery (BAAS) Work-Integrated Care Pathway on Return to Work for Patients Receiving Knee Arthroplasty: A Study of Three Comparative Cohorts in the Netherlands.Journal of occupational rehabilitation · 2025Article
- Return on Investment of the Back At Work After Surgery (BAAS) Care Pathway Compared to Care-as-Usual in Knee Arthroplasty.Journal of occupational rehabilitation · 2025Observational
- Threshold effect of governance quality in the relationship between public health expenditure and life expectancy at birth in the West African Economic and Monetary Union.BMC health services research · 2025Article
- Article
- Determinants of life expectancy in high longevity countries: evidence from machine learning.Frontiers in public health · 2025Article
- Analyzing the impact of fiscal conditions on private health expenditures in OECD countries: a quantile ARDL investigation.International journal of health economics and management · 2024Article
- Health-led growth hypothesis and health financing systems: an econometric synthesis for OECD countries.Frontiers in public health · 2024Article
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Authors and funding
9 authors.
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Abstract
The aim of this study is to investigate the effect of health expenditures on economic growth in the period 2000-2019 in 27 European Union (EU) countries. First, the causality relationship between the variables was analyzed using the panel Fourier Toda-Yamamoto Causality test. The findings demonstrate a bidirectional causality relationship between health expenditures and economic growth on a panel basis. Secondly, the effects of health expenditures on economic growth were examined using the Random Forest Method for the panel and then for each country. According to the Random Forest Method, health expenditures positively affected economic growth, but on the country basis, the effect was different. Then, government health expenditures, private health expenditures, and out-of-pocket expenditures were used, and these three variables were ranked in order of importance in terms of their effects on growth using the Random Forest Method. Accordingly, government health expenditures were the most important variable for economic growth. Finally, Support Vector Regression, Gaussian Process Regression, and Decision Tree Regression models were designed for the simulation of the data used in this study, and the performances of the designed models were analyzed.
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