Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries

Şen, Hüseyin; Kaya, Ayşe; Alpaslan, Baris

Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries

Hüseyin ŞEN, (Department of Public Finance, Ankara Yıldırım Beyazıt University, Turkey)

Ayşe KAYA, (Department of Public Finance, İzmir Kâtip Çelebi University, Turkey)

Barış ALPASLAN (Department of Public Finance, Ankara Yıldırım Beyazıt University, Turkey)

Sosyoekonomi

3 1

Yıl: 2018 Cilt: 26 Sayı: 36 Sayfa Aralığı: 125 - 144 Metin Dili: İngilizce İndeks Tarihi: 08-07-2019

Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries

Öz:

This paper studies an empirical analysis of the causality between education expenditure, health expenditure, and economic growth for the selected eight developing countries (Argentina, Brazil, Chile, India, Indonesia, Mexico, South Africa, and Turkey) over the period 1995-2012. For this purpose, we employ the Bootstrap Panel Granger Causality test. Our findings indicate that only in two of eight developing countries (Brazil and Mexico) there exists a significant and positive causality, running from education and health expenditure to economic growth. However, we found a significant but negative causality among education expenditure, health expenditure, and economic growth for Indonesia. For the rest of the countries that we consider in this paper, no causality was found between these variables.

Anahtar Kelime:

Eğitim, Sağlık ve Ekonomik Büyüme İlişkisi: Gelişmekte Olan Ülkeler için Bootstrap Panel Granger Nedensellik Analizi

Öz:

Bu çalışma, Bootstrap Panel Granger nedensellik testini kullanarak seçilmiş sekiz gelişmekte olan ülke (Arjantin, Brezilya, Şili, Hindistan, Endonezya, Meksika, Güney Afrika ve Türkiye) özelinde eğitim ve sağlık harcamaları ile ekonomik büyüme arasındaki nedensellik ilişkisini 1995-2012 dönemi için ampirik olarak analiz etmektedir. Ampirik bulgular, analize konu olan sekiz gelişmekte olan ülkeden yalnızca ikisinde (Brezilya ve Meksika) eğitim ve sağlık harcamalarından ekonomik büyümeye doğru anlamlı ve pozitif yönlü bir Granger nedensellik ilişkisi olduğunu, birinde (Endonezya) ise eğitim ve sağlık harcamaları ile ekonomik büyüme arasında anlamlı ancak negatif yönlü bir Granger nedensellik ilişkisi olduğunu ortaya koymuştur. Diğer ülkeler için ise eğitim ve sağlık harcamaları ile ekonomik büyüme arasında herhangi bir Granger nedensellik ilişkisi tespit edilememiştir.

Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık

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APA	Şen H, Kaya A, Alpaslan B (2018). Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries. , 125 - 144.
Chicago	Şen Hüseyin,Kaya Ayşe,Alpaslan Baris Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries. (2018): 125 - 144.
MLA	Şen Hüseyin,Kaya Ayşe,Alpaslan Baris Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries. , 2018, ss.125 - 144.
AMA	Şen H,Kaya A,Alpaslan B Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries. . 2018; 125 - 144.
Vancouver	Şen H,Kaya A,Alpaslan B Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries. . 2018; 125 - 144.
IEEE	Şen H,Kaya A,Alpaslan B "Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries." , ss.125 - 144, 2018.
ISNAD	Şen, Hüseyin vd. "Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries". (2018), 125-144.

APA	Şen H, Kaya A, Alpaslan B (2018). Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries. Sosyoekonomi, 26(36), 125 - 144.
Chicago	Şen Hüseyin,Kaya Ayşe,Alpaslan Baris Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries. Sosyoekonomi 26, no.36 (2018): 125 - 144.
MLA	Şen Hüseyin,Kaya Ayşe,Alpaslan Baris Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries. Sosyoekonomi, vol.26, no.36, 2018, ss.125 - 144.
AMA	Şen H,Kaya A,Alpaslan B Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries. Sosyoekonomi. 2018; 26(36): 125 - 144.
Vancouver	Şen H,Kaya A,Alpaslan B Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries. Sosyoekonomi. 2018; 26(36): 125 - 144.
IEEE	Şen H,Kaya A,Alpaslan B "Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries." Sosyoekonomi, 26, ss.125 - 144, 2018.
ISNAD	Şen, Hüseyin vd. "Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries". Sosyoekonomi 26/36 (2018), 125-144.