The Correlation between Economic Convergence and Health Indices in Developed Countries

dc.contributor.authorMutlu H.
dc.contributor.authorBozkurt G.
dc.contributor.authorTürkoğlu M.C.
dc.date.accessioned2024-03-13T10:01:22Z
dc.date.available2024-03-13T10:01:22Z
dc.date.issued2024
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractBackground: Economic convergence signifies diminishing income disparities among global or regional economies and their eventual disappearance. It is also linked to economic growth and key health indicators. We aimed to assess the association between economic convergence and key health indicators in developed countries called G7 (USA, UK, Germany, France, Italy, Japan, and Canada). Methods: We examined G7 health and economic indicators from 2000 to 2021 using panel data analysis. We compared balanced and unbalanced panel datasets to address missing data and applied suitable methods to handle missing health indicators. Results: Little's MCAR test (X2 = 3.2872, P ? value = 0.3494) confirmed random missing data in the unbalanced panel, enabling us to impute missing values as missing observations were below 5%. Unit root tests on balanced and unbalanced panel data validated the health convergence hypothesis, showing no unit roots in economic growth rate, current health expenditure, and female and male population indicators (P<0.05). Interestingly, the hypothesis for hospital bed counts in the unbalanced panel, differing from the balanced panel, offers new insights into addressing incomplete health data. Conclusion: While G7 have economic similarities, their health indicators diverge (excluding hospital bed counts). Variations in health indicators stem from healthcare system structures, funding mechanisms, resource allocation, and health investments, even among economies of similar size. Therefore, G7 member states should develop tailored national health policies based on their specific circumstances and priorities, utilizing economic convergence data for effective health resource planning. © 2024 Mutlu et al. Published by Tehran University of Medical Sciences.en_US
dc.identifier.endpage156en_US
dc.identifier.issn2251-6085
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-85180892030en_US
dc.identifier.scopusqualityQ3en_US
dc.identifier.startpage145en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12662/3145
dc.identifier.volume53en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherTehran University of Medical Sciencesen_US
dc.relation.ispartofIranian Journal of Public Healthen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEconomic convergenceen_US
dc.subjectHealth key indicatorsen_US
dc.subjectPanel unit rooten_US
dc.titleThe Correlation between Economic Convergence and Health Indices in Developed Countriesen_US
dc.typeArticleen_US

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