MONETARY AND FISCAL POLICIES EFFECT ON HEALTH SECTOR AND TURKEY REVIEW


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DOI:

https://doi.org/10.15637/jlecon.7.026

Keywords:

Economics Policy, Monetary Policy, Development, Health Spending, Social Health

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

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References

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Yararlanılan Linkler

DARVAS, Z., MOES, N., Myachenkova Yana and Pichler David(2018) “The Macroeconomic İmplications Of Healthcare” http://aei.pitt.edu/94359/1/PC-11_2018_cover.pdf

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YAGIHASHI, T., DU, J., “Health care inflation and its implications for monetary policy” https://www.researchgate.net/publication/273474559_Health_care_inflation_and_its_implications_for_monetary_policy

Published

2020-10-31

How to Cite

AYYILDIZ ONARAN, Z., & BAL YILDIZ, E. (2020). MONETARY AND FISCAL POLICIES EFFECT ON HEALTH SECTOR AND TURKEY REVIEW . JOURNAL OF LIFE ECONOMICS, 7(4), 349–360. https://doi.org/10.15637/jlecon.7.026

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Section

Research Articles