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Author: Celik, Esref UgurCOAR Access Rights: open access

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    Citation - WoS: 8
    Citation - Scopus: 10
    Convergence of Economic Growth and Health Expenditures in Oecd Countries: Evidence From Non-Linear Unit Root Tests
    (Frontiers Media Sa, 2023) Celik, Esref Ugur; Omay, Tolga; Tengilimoglu, Dilaver
    IntroductionThe relationship between human capital, health spending, and economic growth is frequently neglected in the literature. However, one of the main determinants of human capital is health expenditures, where human capital is one of the driving forces of growth. Consequently, health expenditures affect growth through this link. MethodsIn the study, these findings have been attempted to be empirically tested. Along this axis, health expenditure per qualified worker was chosen as an indicator of health expenditure, and output per qualified worker was chosen as an indicator of economic growth. The variables were treated with the convergence hypothesis. Due to the non-linear nature of the variables, the convergence hypothesis was carried out with non-linear unit root tests. ResultsThe analysis of 22 OECD countries from 1976 to 2020 showed that health expenditure converged for all countries, and there was a significant degree of growth convergence (except for two countries). These findings show that health expenditure convergence has significantly contributed to growth convergence. DiscussionPolicymakers should consider the inclusiveness and effectiveness of health policies while making their economic policies, as health expenditure convergence can significantly impact growth convergence. Further research is needed to understand the mechanisms behind this relationship and identify specific health policies most effective in promoting economic growth.
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    How Does Macroeconomic and Socio-Political Index Affect the Real Gdp Per Qualified Worker? Evidence From Turkic Republics
    (Ahmet Yesevi Univ, 2023) Celik, Esref Ugur; Erdal, Fehmi Bugra; Kucuker, Mustafa Can; Omay, Tolga
    In this study, we concentrated on the socioeconomic factors affecting the level of real GDP per qualified worker. For this purpose, we have used the macroeconomic and socio-political performance index for Turkic Republics. By using these newly established indices, determinants of the level of real GDP per qualified worker are analyzed for the first time in the literature. From the empirical investigation, we found that certain threshold levels significantly affect the real GDP level per qualified worker. Therefore, the policymakers of these countries should seriously consider these threshold levels for macroeconomic and socio-political performance index for conducting a well-organized policy for the prosperity of their countries.