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Econometric Modeling of Healthcare Expenditure – EU-27 Panel Study

Author

Listed:
  • Vãidean Viorela Ligia

    () („Babeº-Bolyai” University Cluj-Napoca Faculty of Economics and Business Administration)

  • Cuceu Ionuþ Constantin

    () („Babeº-Bolyai” University Cluj-Napoca Faculty of Economics and Business Administration)

  • Manþa ªtefan

    () („Babeº-Bolyai” University Cluj-Napoca Faculty of Economics and Business Administration)

Abstract

The 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.

Suggested Citation

  • Vãidean Viorela Ligia & Cuceu Ionuþ Constantin & Manþa ªtefan, 2011. "Econometric Modeling of Healthcare Expenditure – EU-27 Panel Study," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 2269-2273, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:2269-2273
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    More about this item

    Keywords

    total healthcare expenditure; panel data; linear regression; correlation.;

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General

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