MONETARY AND FISCAL POLICIES EFFECT ON HEALTH SECTOR AND TURKEY REVIEW
Authors
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Zahide AYYILDIZ ONARAN
Istanbul University/TURKEY
0000-0002-9236-4666
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Esra BAL YILDIZ
Istanbul University/TURKEY
0000-0001-6792-8899
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819
Abstract
In this study, the effects of monetary and fiscal policies on the health sector aims to examine the example of Turkey.
As a result of the study, it is seen that the fiscal policy is more effective than the monetary policy because the coefficients of the variables in which the fiscal policy is represented are larger than the coefficients of the variables in which the monetary policy is represented . In the study, two different models were used to determine the effects of monetary and fiscal policy in order to examine the effects of monetary and fiscal policy on the health sector. Firstly, cointegration analysis was done through the established models, and then, the VAR model, the relationships between variables, error correction model (VECM) and Impact-Response analysis were applied. As a result of the research, it was seen that fiscal policies are more effective and sensitive policies on the health sector compared to monetary policies.
Jel Codes: E52, E62, I11, 023
Keywords:
Economics Policy Monetary Policy Development Health Spending Social HealthDownloads
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