Detailed Information

Causality analysis for public and private expenditures on health using panel granger-causality test

Cited 0 time in Web of Science Cited 2 time in Scopus

Lee, Su-Dong; Lee, Junghye; Jun, Chi-Hyuck

Issue Date
Korean Institute of Industrial Engineers
Industrial Engineering and Management Systems, Vol.14 No.1, pp.104-110
Every year governments spend their national budget on public health in order to reduce financial burden of individuals on health. Although it has been widely believed that the increase of public expenditure on health decreases private health expenditure, it has not been proved by analysis with real data. For better understanding, we conducted an empirical study on the real data of 17 OECD countries-Australia, Austria, Canada, Denmark, Finland, Germany, Iceland, Ireland, Japan, Korea, New Zealand, Norway, Portugal, Spain, Sweden, the United Kingdom, and the United States. The panel Granger-causality test is used to verify the cause-and-effect relationship between the two expenditures. As a result, public expenditure on health has a 3 to 4 year-lagged negative effect on private health expenditure in the cases of the 16 countries except for the United States.
Files in This Item:
There are no files associated with this item.
Appears in Collections:

Related Researcher

  • Graduate School of Engineering Practice
  • Department of Engineering Practice
Research Area Deep Learning, Machine Learning, Privacy-preserving Federated Learning, Smart Healthcare


Item View & Download Count

  • mendeley

Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.