Analysis of the Relationship Between Unemployment Rate and Health Expenditures: The Case of Turkiye
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Unemployment Rate, Individual Health Expenditures, Health Economics, Granger Analysis, ARIMA AnalysisAbstract
There is a close relationship between the health expenditures of individuals in Turkey from their own budgets and unemployment rates. In order to understand this, the relationship between the total health expenditures of individuals in Turkey from their own budgets and unemployment rates needs to be analyzed. For this reason, the relationship between unemployment rates and total individual health expenditures in Turkey between 2000-2021 was analyzed using time series in the study. Augmented Dickey-Fuller unit root test, ARIMA test and Granger Causality analysis tests were applied to the obtained data set. ARIMA(1,0,0) model was found appropriate for the individual health expenditure series, but, these values did not support a significant causal relationship. As a result, it was concluded that there was no direct causal relationship between individual health expenditures and unemployment rate. Our study suggests that a more comprehensive examination should be conducted by including the effects of socioeconomic variables such as changes in unemployment insurance claim rate, income, education, population dependency rate and university graduation rate, as well as macroeconomic variables such as unemployment rate, Gross domestic product per capita and inflation.
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