Econometric Modeling of Healthcare Expenditure – EU-27 Panel Study
AbstractThe purpose of our paper is to analyze the total healthcare expenditure of the EU-27 member states in relation to different explanatory variables. The only strong direct correlation we could determine statistically is that between the per capita healthcare expenses and the per capitaGDP. All panel data models were estimated in Gretl. Results have been interpreted and commented.
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Bibliographic InfoArticle provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.
Volume (Year): XI (2011)
Issue (Month): 1 (May)
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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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total healthcare expenditure; panel data; linear regression; correlation.;
Find related papers by JEL classification:
- I10 - Health, Education, and Welfare - - Health - - - General
- C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
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