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

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.

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Year of publication:	2012
Authors:	Amiri, Arshia ; Ventelou, Bruno
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 116.2012, 3, p. 541-544
Publisher:	Elsevier
Subject:	Healthcare expenditure \| GDP \| Toda–Yamamoto causality \| OECD

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Type of publication:	Article
Classification:	C12 - Hypothesis Testing ; C32 - Time-Series Models ; I10 - Health. General ; I18 - Government Policy; Regulation; Public Health
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010594131