DOES HEALTH MATTER EVIDENCE FROM THE EU15 AND TURKEY

Abstract

This study provides evidence on the role of health in accounting for income in sixteen countries (EU15 and Turkey). The relationship between health and income was analyzed with dynamic panel regression by using panel data for the 1970-2013 periods. The empirical evidence suggests that two health measures, life expectancy at birth and mortality rate have positive impacts on income. The estimates show that the relationship is even stronger for EU15 countries compared with Turkey. (English) [ABSTRACT FROM AUTHOR]