TY  - JOUR
AU  - Dritsakis, Nikolaos 
PY  - 2005
TI  - Health Expenditures and Gross Domestic Product An Empirical Analysis for Member-Countries of European Union with Cointegration Analysis
JF  - Journal of Social Sciences
VL  - 1
IS  - 2
DO  - 10.3844/jssp.2005.66.71
UR  - https://thescipub.com/abstract/jssp.2005.66.71
AB  - This study investigates the relationship between health expenditures and GDP for 15
member - countries of European Union. Initially, the unit root test is examined for all used variables
and then the Engel - Granger and Johansen and Juselious cointegration tests are applied. In order to
examine the short - run and long - run relationships of the above variables an error correction model
methodology is used. The results of this analysis suggest that there is a long - run relationship between
health expenditures and GDP in most member-countries of European Union.