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What is OECD Healthcare Expenditure Analysis about?

This study investigates the long- and short-run relationships among healthcare expenditure, GDP, aging demographics, and technology in 34 OECD countries using panel ARDL modeling from 1980 to 2014. The findings indicate a significant long-run relationship among these variables, with GDP less health expenditure identified as the only short-run driver of healthcare costs. Additionally, the research highlights the importance of international cooperation patents as a novel proxy for technology

Author

worldwidedeepanshu

Language

EN