Granger causality between total expenditure on health and GDP in OECD: Evidence from the Toda-Yamamoto approach

被引:91
|
作者
Amiri, Arshia [1 ]
Ventelou, Bruno [2 ]
机构
[1] Shiraz Univ, Coll Agr, Dept Agr Econ, Shiraz, Iran
[2] Aix Marseille Univ, Aix Marseille Sch Econ, CNRS, Marseille, France
关键词
Healthcare expenditure; GDP; Toda-Yamamoto causality; OECD; CARE EXPENDITURE; ECONOMIC-GROWTH; INTERNATIONAL COMPARISONS; TIME-SERIES; COINTEGRATION; DETERMINANTS; STATIONARITY; CONSUMPTION; DEMAND; INCOME;
D O I
10.1016/j.econlet.2012.04.040
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper, a modified version of the Granger causality test proposed by Toda and Yamamoto is used to investigate causality between GDP and healthcare expenditure in OECD countries. The findings indicate that bidirectional Granger causality is predominant. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:541 / 544
页数:4
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