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What Drives the Convergence of Per-Capita Health Expenditures in the EU Member Countries?: A Geographically-Weighted Regression Analysis

What Drives the Convergence of Per-Capita Health Expenditures in the EU Member Countries?: A Geographically-Weighted Regression Analysis

Gönül Yüce Akinci, Merter Akinci
Copyright: © 2020 |Pages: 17
ISBN13: 9781799823292|ISBN10: 1799823296|EISBN13: 9781799823308
DOI: 10.4018/978-1-7998-2329-2.ch016
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MLA

Akinci, Gönül Yüce, and Merter Akinci. "What Drives the Convergence of Per-Capita Health Expenditures in the EU Member Countries?: A Geographically-Weighted Regression Analysis." Multidimensional Perspectives and Global Analysis of Universal Health Coverage, edited by Yeter Demir Uslu, et al., IGI Global, 2020, pp. 411-427. https://doi.org/10.4018/978-1-7998-2329-2.ch016

APA

Akinci, G. Y. & Akinci, M. (2020). What Drives the Convergence of Per-Capita Health Expenditures in the EU Member Countries?: A Geographically-Weighted Regression Analysis. In Y. Demir Uslu, H. Dinçer, & S. Yüksel (Eds.), Multidimensional Perspectives and Global Analysis of Universal Health Coverage (pp. 411-427). IGI Global. https://doi.org/10.4018/978-1-7998-2329-2.ch016

Chicago

Akinci, Gönül Yüce, and Merter Akinci. "What Drives the Convergence of Per-Capita Health Expenditures in the EU Member Countries?: A Geographically-Weighted Regression Analysis." In Multidimensional Perspectives and Global Analysis of Universal Health Coverage, edited by Yeter Demir Uslu, Hasan Dinçer, and Serhat Yüksel, 411-427. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-7998-2329-2.ch016

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Abstract

One of the most important issues in economic development is the examination of the convergence phenomenon. The convergence analysis has been enhanced with the efforts of various economists and the convergence trends in all areas of the economic system have been determined with the help of applied analysis. As well as income convergence analysis among countries, the convergence dynamics in health expenditures have become popular in recent years. Therefore, the main motivation of this study is to examine the convergence process of health expenditures in the European Union member countries using a geographically weighted regression analysis of the period 1970 to 2017. The results of the analysis indicate that a statistically strong convergence is valid in “the Six” and the Eurozone, while there is not any statistically significant convergence in non-member states of the Eurozone. Also, the findings of the panel cross-country analysis also point out the nonexistence of the convergence. Finally, the analysis is extended to examine convergence by adding some control variables.

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