Nonlinear Granger Causality between Health Care Expenditure and Economic Growth in the OECD and Major Developing Countries
Volume: 15, Issue: 9, Pages: 1953 - 1953
Published: Sep 7, 2018
Abstract
Differing from previous studies ignoring the nonlinear features, this study employs both the linear and nonlinear Granger causality tests to examine the complex causal relationship between health care expenditure and economic growth among 15 Organisation for Economic Co-operation and Development (OECD) and 5 major developing countries. Some interesting findings can be obtained as follows: (1) For Australia, Austria, and UK, linear and nonlinear...
Paper Details
Title
Nonlinear Granger Causality between Health Care Expenditure and Economic Growth in the OECD and Major Developing Countries
Published Date
Sep 7, 2018
Volume
15
Issue
9
Pages
1953 - 1953
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