Journal ArticleDOI
On stationarity and cointegration of international health expenditure and GDP.
Ulf-G Gerdtham,Mickael Löthgren +1 more
TLDR
Examination of stationarity and cointegration of health expenditure and GDP, for a sample of 21 OECD countries using data for the period 1960-1997, by applying a test battery that allows robust inference to be made, indicates that both health spending and GDP are non-stationary.About:
This article is published in Journal of Health Economics.The article was published on 2000-07-01. It has received 259 citations till now. The article focuses on the topics: Cointegration & Unit root.read more
Citations
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Journal ArticleDOI
Testing for error correction in panel data
TL;DR: This article proposed new error correction-based cointegration tests for panel data, which have good small-sample properties with small size distortions and high power relative to other popular residual-based panel coIntegration tests.
Journal ArticleDOI
Breaking the panels: An application to the GDP per capita
TL;DR: In this paper, a test statistic for the null hypothesis of panel stationarity that allows for the presence of multiple structural breaks is proposed and applied to typical panel data of real per capita GDP in a set of OECD countries.
Journal ArticleDOI
Estimation of Environmental Kuznets Curve for CO2 Emission: Role of Renewable Energy Generation in India
Avik Sinha,Muhammad Shahbaz +1 more
TL;DR: In this paper, the authors made an attempt to estimate the environmental Kuznets curve (EKC) for CO2 emission in India for the period of 1971-2015 using unit root test with multiple structural breaks and autoregressive distributed lag (ARDL) approach to cointegration.
Journal ArticleDOI
Health Care Expenditure and Income in the OECD Reconsidered: Evidence from Panel Data
TL;DR: In this paper, the authors consider the long-run economic relationship between health care expenditure and income using a panel of 20 OECD countries observed over the period 1971-2004, and find that health care is a necessity rather than a luxury.
Posted Content
Estimation of Environmental Kuznets Curve for CO2 Emission: Role of Renewable Energy Generation in India
Avik Sinha,Muhammad Shahbaz +1 more
TL;DR: In this article, the authors made an attempt to estimate the environmental Kuznets curve (EKC) for CO2 emission in India for the period of 1971-2015 using unit root test with multiple structural breaks and autoregressive distributed lag (ARDL) approach to cointegration.
References
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Journal ArticleDOI
Estimating the Dimension of a Model
TL;DR: In this paper, the problem of selecting one of a number of models of different dimensions is treated by finding its Bayes solution, and evaluating the leading terms of its asymptotic expansion.
Estimating the dimension of a model
TL;DR: In this paper, the problem of selecting one of a number of models of different dimensions is treated by finding its Bayes solution, and evaluating the leading terms of its asymptotic expansion.
ReportDOI
A simple, positive semi-definite, heteroskedasticity and autocorrelation consistent covariance matrix
Whitney K. Newey,Kenneth D. West +1 more
TL;DR: In this article, a simple method of calculating a heteroskedasticity and autocorrelation consistent covariance matrix that is positive semi-definite by construction is described.
Journal ArticleDOI
Testing for a Unit Root in Time Series Regression
TL;DR: In this article, the authors proposed new tests for detecting the presence of a unit root in quite general time series models, which accommodate models with a fitted drift and a time trend so that they may be used to discriminate between unit root nonstationarity and stationarity about a deterministic trend.
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The determinants and effects of health expenditure in developed countries.
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