The Tax Effects Of Health Expenditures On Aging Economies: Empirical Evidence On Selected Oecd Countries
Yükleniyor...
Tarih
2017
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Inst Economic Forecasting
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The aim of our study is twofold: i) we examine the effect of aging on public health expenditures; and ii) investigate the fiscal burden of the health expenditures over the period 1965-2012 for selected OECD countries. As empirical methodology, we perform nonlinear unit root test proposed by Kapetanios et al. (2003). Afterwards, we employ Seo (2006) cointegration test based on a threshold vector error correction model (TVECM). We find evidence supporting the impact of aging population on the public health expenditures, thus on the tax burden for all countries with the exception of Japan, Sweden and the US.
Açıklama
Anahtar Kelimeler
health expenditure, aging, tax, cointegration
Kaynak
Romanian Journal Of Economic Forecasting
WoS Q Değeri
Q4
Scopus Q Değeri
Q2
Cilt
20
Sayı
1
Künye
closedAccess
