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Granger causality between total expenditure on health and GDP in OECD: Evidence from the Toda–Yamamoto approach

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  • Amiri, Arshia
  • Ventelou, Bruno
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    Abstract

    In this paper, a modified version of the Granger causality test proposed by Toda and Yamamoto is used to investigate causality between GDP and healthcare expenditure in OECD countries. The findings indicate that bidirectional Granger causality is predominant.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0165176512001814
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    Bibliographic Info

    Article provided by Elsevier in its journal Economics Letters.

    Volume (Year): 116 (2012)
    Issue (Month): 3 ()
    Pages: 541-544

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    Handle: RePEc:eee:ecolet:v:116:y:2012:i:3:p:541-544

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    Web page: http://www.elsevier.com/locate/ecolet

    Related research

    Keywords: Healthcare expenditure; GDP; Toda–Yamamoto causality; OECD;

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    References

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