THE HEALTH COMPONENT OF THE HUMAN CAPITAL AND THE ECONOMIC OUTPUT

The paper has the aim to explore the relationship between health, as human capital component, not very much investigated so far, and the macroeconomic results. It is analyzed the relationship between the evolution of GDP and statistical indicators reflecting the investment in health, the health status of the population and the resource indicators in the EU Member States. The main conclusions of the study reveal a positive correlation between these indicators, except the health expenditure as percentage of GDP and number of hospitals beds at 100.000 inhabitants.