CONVERGENCE OF HEALTH EXPENDITURE IN EU 12 AND V4 STATES
Journal Title: Copernican Journal of Finance & Accounting - Year 2017, Vol 6, Issue 2
Abstract
The subject of this paper is an attempt to assess the level of convergence of government health spending in the European Union countries. The ever-increasing level of life expectancy, demographic changes, including the aging of society in many European countries, and the development of medical technologies are a growing challenge for modern nations. The similarities in the changes taking place in the EU states lead to considering whether there are similar transformations in health spending? Ensuring access to primary healthcare is one of the tasks of the welfare state and it can be assumed to be a public good. Accepting these reasons, the authors set out to investigate the phenomenon of sigma and beta unconditional convergence for the level of government spending on health care in the EU countries. The answer to the question has been sought: does participation in the EU leads to convergence in government spending on health care? The study uses selected dispersion measures for sigma convergence calculations and econometric modelling for beta convergence.
Authors and Affiliations
Piotr Kułyk, Łukasz Augustowski
Keywords
Related Articles
- EP ID EP246391
- DOI 10.12775/CJFA.2017.009
- Views 42
- Downloads 0
CSR IN AMERICAN BANKING SECTOR
Corporate social responsibility has become a natural feature of the banking sector. One of the first, which began to adhere to the CSR policy was the American market. They have looked for many positive correlations betwe...
Wealth management market in China. Opportunities and challenges
As the key player in prospective Asia-Pacific market, China is becoming one of the most notable countries with regard to private banking services. In spite of being relatively young, Chinese wealth management market has...
PENSION VALORIZATION METHOD – SELECTED ISSUES
The aim of this article is to present basic terms and issues connected with pension valorization. Within the framework of this paper were presented methods of valorization and development of valorization in time. Particu...
THE GREEN BOND AS A PROSPECTIVE INSTRUMENT OF THE GLOBAL DEBT MARKET
Green debt is viewed as one of the youngest segments on the global financial market. Green bonds were defined as fixed-income securities, issued in order to obtain the capital for further financing or refinancing of unde...
ROBUSTNESS OF THE BANK RESOLUTION FRAMEWORK IN THE EUROPEAN UNION
The purpose of this article is to identify the key elements of resolution framework under the Single Resolution Mechanism (SRM) and to assess the robustness of the bank resolution framework in the European Union (EU). Th...