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Population Aging and Health Expenditures in EU Member States: A Panel Causality Analysis

Population Aging and Health Expenditures in EU Member States: A Panel Causality Analysis
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Author(s): Omer Faruk Ozturk (Faculty of Economics and Administrative Sciences, Usak University, Turkey)
Copyright: 2023
Pages: 11
Source title: Research Anthology on Macroeconomics and the Achievement of Global Stability
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-6684-7460-0.ch019

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Abstract

All the countries are faced with the population aging resulting from the rising life expectancy and decreasing fertility rates at the present time and in turn have experienced many social and economic implications. In this research, the authors explore the causal interaction between population aging and health expenditures in a sample of EU member economies during the 2000-2018 period through Dumitrescu and Hurlin causality analysis. The causality analysis revealed a unilateral causality from health expenditures to population aging.

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