Causality between Gross Domestic Product and Health Care Expenditure in the Augmented Solow’s Growth Model
This paper examines conditional convergence of OECD countries in gross domestic product (GDP) and health care expenditure (HCE) per capita. It extends the augmented Solow model by incorporating health capital to explain variations in output and expenditure per capita across countries. The issue of...
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Format: | Article |
Language: | English |
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University of Kurdistan Hewler
2018-12-01
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Series: | UKH Journal of Social Sciences |
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Online Access: | https://journals.ukh.edu.krd/index.php/ukhjss/article/view/76 |