Stationarity and Cointegration between Health Care Expenditure and GDP for Jordan

American journal of applied sciences

Istaiteyeh, Rasha M.S.¹ 

关键词: Health Care Expenditure;    Granger Causality;    GDP;    Jordan;   

DOI  :  10.3844/ajassp.2017.682.689

学科分类：自然科学（综合）

来源: Science Publications

【 摘 要 】

This paper explores the Granger-causality relationship between real GDP per capita and real health care expenditure per capita for Jordan during 1995 through 2013. The findings point out that the dominant type of Granger-causality is unidirectional. Furthermore, income elasticity of health expenditure is less than 1, which means that health care is a necessary good in Jordan. To this end, policies must be aimed at raising national income to improve eventually the well-being of the population.

【 授权许可】

CC BY